Illinois Budget Deficit

State Budget Shortfall Pegged At $12.8 Billion

Progress Illinois | Angela Caputo | Posted 11.05.2009 | Chicago


If there's one thing observers of Illinois politics can agree on, it's that next year's state budget deficit is going to be extraordinary. Not only ar...

Quinn's Fix: State Must Borrow Nearly $1B To Make It Through Winter

Chicago Public Radio | Susie An | Posted 10.28.2009 | Chicago


Illinois Governor Pat Quinn wants to borrow close to $1 billion to finance the state through the winter....

State Tax Revenues Down Almost $600M From Last Year

Chicago Tribune | Monique Garcia | Posted 10.06.2009 | Chicago


The state's money woes are worse than predicted due to plummeting tax revenues and an unprecedented number of unpaid bills, the Illinois comptroller's...

Stimulus Funds Put Homeless Agencies In Bind

Chi-Town Daily News | Adrian G. Uribarri | Posted 09.17.2009 | Chicago


In early July federal officials promised more than $67 million in stimulus funds to prevent homelessness in Illinois. They saw it as a way to help fam...

Quinn Reveals $1 Billion In Budget Cuts, Layoffs

AP | DEANNA BELLANDI and CHRISTOPHER WILLS | Posted 08.31.2009 | Chicago


CHICAGO (AP) -- Gov. Pat Quinn used his new authority over the state budget on Friday to reduce spending cuts for programs that help abused children a...

Quinn Talks About Iraq Trip, Says Budget Needs To Stretch $1B Into $5B

AP | DEANNA BELLANDI | Posted 08.23.2009 | Chicago


CHICAGO (AP) -- Gov. Pat Quinn visited with Illinois troops, took part in medal ceremonies and flew in a helicopter over the mountains of Afghanistan ...

Illinois' Credit Rating Facing Big Hit After Passing Debt-Heavy Budget

Bloomberg | Posted 08.16.2009 | Chicago


Illinois's long-term credit rating was put on watch by Moody's Investors Services after lawmakers adopted a budget that includes $3.5 billion in short...

Good News: Pat Quinn Signs Illinois Budget; Bad News: Pat Quinn Signs Illinois Budget

David Ormsby | Posted 08.16.2009 | Chicago


David Ormsby

The unbalanced budget "avoids a tax increase," Minority Leader Radogno said. It also avoids any sign of real leadership--an observation Radogno left unsaid.

Quinn Shelving Tax Increase Push Until Fall

AP | Posted 08.10.2009 | Chicago


SPRINGFIELD, Ill. (AP) -- Illinois Gov. Pat Quinn is putting aside his call for an income tax increase until November. In an interview Friday with Th...

Republicans Call For Eliminating Lieutenant Governor Post

Lee Newspapers | Mike Riopell | Posted 08.10.2009 | Chicago


A group of Republicans in the Illinois House said Thursday that one of their plans to save the state money is eliminating Gov. Pat Quinn's former job...

Quinn Pitches Tax Hike To Rank-And-File Lawmakers

AP | DEANNA BELLANDI | Posted 08.06.2009 | Chicago


CHICAGO (AP) -- Unable to agree with legislative leaders on how to clean up the state's budget mess, Gov. Pat Quinn is taking his case to rank-and-fil...

What Happens If Illinois Doesn't Pass A New Budget By Tuesday's Deadline?

AP | JOHN O'CONNOR | Posted 07.30.2009 | Chicago


SPRINGFIELD, Ill. (AP) -- The state's budget year ends Tuesday, and lawmakers are nowhere near a deal on a spending plan with Gov. Pat Quinn. Does tha...

$100,000 and Springfield Dropped the Ball

Scott Foval | Posted 07.27.2009 | Chicago


Scott Foval

Cuts are coming, a train wreck is about to hit, and our state officials took a two-day trip to Springfield just to sit there and do nothing.

Now is the Time for Quinn to Lead

Rep. Jack Franks | Posted 07.27.2009 | Chicago


Rep. Jack Franks

Illinois finds itself on the brink of a man-made disaster and the same managers who drove our state into this fiscal catastrophe continue to control the levers of power. Bullying the legislature into huge tax increases will not work. Governor, stop obfuscating, get prepared and lead.

Democratic Senator Meeks On Budget Mess: 'This Is A Failure Of The Democratic Party'

SouthtownStar | Phil Kadner | Posted 07.25.2009 | Chicago


Democrats don't deserve to be re-elected in Illinois. No politician should serve more than eight years in office. It's time to let the entire state go...

Threat Of Budget Cuts Draws Thousands To Springfield, But No Progress On Tax Hike Talks

AP/Huffington Post | Posted 07.24.2009 | Chicago


SPRINGFIELD (AP) -- Illinois lawmakers returned to the Capitol on Tuesday searching for some way to fill a $9.2 billion hole in the state budget. The...

Quinn Wants Vote On Income Tax Hike Wednesday

AP | DEANNA BELLANDI | Posted 07.20.2009 | Chicago


CHICAGO (AP) -- Gov. Pat Quinn wants lawmakers to vote as soon as Wednesday on an income tax increase to help human services providers, who insist som...

$9 Billion Jobs And Construction Plan Languishes During Budget Fight

Daily Herald | Dan Carden | Posted 07.19.2009 | Chicago


A $9 billion program of shovel-ready road construction projects that was supposed to create up to 80,000 jobs in Illinois this summer has been delayed...

Cash-Strapped Illinois Cuts Out Funerals For Poor

Chicago Sun-Times | MAUREEN O'DONNELL | Posted 07.17.2009 | Chicago


For the poor, it's a final indignity, funeral directors say: The state of lllinois is suspending payments for funerals for the indigent....

Quinn's Tough Budget Talk: $9.2B Would Be Cut, Lawmakers Must Come Back To Springfield And 'Confront Reality'

AP | Posted 07.16.2009 | Chicago


CHICAGO (AP) -- Illinois Gov. Pat Quinn says lawmakers should pack their bags and get ready to be back in Springfield next week. Quinn said Monday th...

Lisa Madigan, Other State Officials Staying Mum On Tax Hike

AP | CHRISTOPHER WILLS | Posted 07.10.2009 | Chicago


SPRINGFIELD, Ill. (AP) -- As the governor and legislators struggle to balance the state budget, Illinois' other statewide elected officials are largel...

Democrats Seek GOP Help Raising Illinois Taxes

AP | CHRISTOPHER WILLS | Posted 06.26.2009 | Chicago


SPRINGFIELD, Ill. (AP) -- Caught between a ticking clock and a massive budget deficit, Democratic leaders asked Tuesday for Republicans' help in raisi...

Quinn Presents DOOMSDAY BUDGET Scenario: 14,300 Teachers Laid Off, 650,000 People Lose Health Care

AP | DEANNA BELLANDI | Posted 06.18.2009 | Chicago


CHICAGO (AP) -- Gov. Pat Quinn is trying to scare lawmakers into supporting an income tax increase by warning Monday that teachers and state troopers ...

Illinois To Borrow Over $2 Billion To Pay Off Debts

Bloomberg News | Posted 06.14.2009 | Chicago


Illinois plans to borrow $1 billion today and an additional $1.25 billion in June to cover a backlog of bills with debt that will be paid off next fis...

Quinn: Deeper Budget Cuts Can't Be Made

AP | Posted 06.12.2009 | Chicago


CHICAGO (AP) -- Gov. Pat Quinn says deeper spending cuts can't be made as the deadline for a new state budget approaches. Quinn said his proposed bud...