illinois state budget http://wuis.org en Listen to State Week - July 18, 2014 http://wuis.org/post/listen-state-week-july-18-2014 <p></p><p>This week, GOP gubernatorial hopeful Bruce Rauner proposed more ways to fix the state's budget woes.&nbsp; Also, a state legislative commission has pushed back the investigation into Governor pat Quinn's controversial Neighborhood Recovery Initiative until October.</p><p></p> Fri, 18 Jul 2014 20:53:15 +0000 Bob Meyer 29570 at http://wuis.org Listen to State Week - July 18, 2014 Listen To State Week - June 13, 2014 http://wuis.org/post/listen-state-week-june-13-2014 <p></p><p>This week, gubernatorial candidate Bruce Rauner chimes in on how to fix the state's budget woes.&nbsp; Also, State Representative Derrick Smith loses his seat after his conviction on Federal corruption charges, and new developments in the case leveled against state Treasurer Dan Rutherford.</p><p></p> Fri, 13 Jun 2014 21:57:59 +0000 Bob Meyer 27220 at http://wuis.org Listen To State Week - June 13, 2014 Illinois General Assembly Moving Forward With New Budget http://wuis.org/post/illinois-general-assembly-moving-forward-new-budget <p>The Illinois Legislature is moving forward with a scaled-back budget lawmakers say will lead to layoffs and further delays in paying the state's bills.<br />&nbsp;<br />The House is expected to vote Tuesday on the approximately $35 billion spending<br />plan.<br />Lawmakers drafted the plan after House Speaker Michael Madigan announced his<br />chamber had given up on extending a temporary income tax increase. That will<br />result in a roughly $1.8 billion revenue drop next year.<br />&nbsp;<br />Democratic Sen. Dan Kotowski says the new budget plan ensures education Tue, 27 May 2014 19:03:03 +0000 Associated Press 26004 at http://wuis.org Illinois General Assembly Moving Forward With New Budget Illinois House Democrats Regroup, Craft Budget Without Higher Tax http://wuis.org/post/illinois-house-democrats-regroup-craft-budget-without-higher-tax <p>Illinois House Democrats have given up on extending a temporary income tax increase and have begun working on a scaled-back state spending plan.<br />&nbsp;<br />Speaker Michael Madigan said Monday that House working groups would begin work<br />on a ``middle-of-the-road'' budget that's in line with a revenue estimate of about $34 billion.<br />&nbsp;<br />Democratic Gov. Pat Quinn wants to make permanent the income-tax increase that's set to roll back in January. It's costing the typical Illinois taxpayer about $1,100 more this year.<br />&nbsp; Tue, 27 May 2014 01:14:00 +0000 Associated Press 25952 at http://wuis.org Illinois House Democrats Regroup, Craft Budget Without Higher Tax Listen To State Week - February 7, 2014 http://wuis.org/post/listen-state-week-february-7-2014 <p></p><p>Among the topics this week: State Treasurer Dan Rutherford denies allegations of sexual harassment and Governor Pat Quinn moves the annual Budget Address to late March.</p><p></p> Fri, 07 Feb 2014 20:14:40 +0000 Bob Meyer 18533 at http://wuis.org Listen To State Week - February 7, 2014 Madigan Proposes Corporate Tax Decrease http://wuis.org/post/madigan-proposes-corporate-tax-decrease <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>House Speaker Michael Madigan wants to cut the state's corporate tax rate in half. It's an apparent about face on tax policy that's left some Republicans scratching their heads.</p><p></p><p><span style="line-height: 1.5;">Madigan says his proposal aims to create a friendlier business climate in Illinois. Corporations would pay a 3.5 percent tax, down from the current 7 percent.</span></p><p>It's a sharp turn from three years ago when Madigan pushed to increase the corporate tax rate along with the individual income tax.</p> Thu, 30 Jan 2014 20:50:37 +0000 Hannah Meisel 17979 at http://wuis.org Madigan Proposes Corporate Tax Decrease Bipartisan Call To Work Together On Budget http://wuis.org/post/bipartisan-call-work-together-budget <p>Two state senators say partisan bickering over the state's budget should be set aside for the sake of Illinois residents. &nbsp;</p><p>Park Ridge Democrat Dan Kotowski and McHenry Republican Pam Althoff touted the results of a survey of Illinois residents at a Tuesday news conference in Chicago. &nbsp;</p><p>Kotowski says both Democrats and Republicans want many of the same things out of the state's budget. That includes more of the state's budget being put toward growing businesses, ensuring public safety and improving infrastructure. &nbsp;</p> Wed, 30 Oct 2013 11:36:11 +0000 Associated Press 11972 at http://wuis.org Bipartisan Call To Work Together On Budget