budget address

Budget address
12:08 pm
Tue April 1, 2014

Nursing Home Advocates Relieved Over Gov. Quinn's Budget Address

  Nursing home advocates say they're relieved by Gov. Pat Quinn's budget address last week. The governor says state has already been cut enough.

Two years ago, Gov. Quinn announced drastic cuts to Medicaid, the state's healthcare program for the poor, disabled and elderly. Medicaid helps pay for nursing homes, so when the legislature followed through on these cuts, many facilities shut down or laid off workers.

Pat Comstock, with the Healthcare Council of Illinois, says these cuts persisted through last year. But this year, she says things are looking brighter.

Read more
State Week
4:36 pm
Fri March 28, 2014

Listen To State Week - March 28, 2014

This week, Governor Quinn's proposed state budget.

Read more
Illinois Budget FY15
12:00 am
Thu March 27, 2014

Quinn Tax Hike Plan Sets Stage For Governor's Race

Gov. Pat Quinn delivers his annual budget address on the House floor Wednesday. In his speech, Quinn called for extending the 2011 income tax hike.
Credit Hannah Meisel/WUIS

  Plenty can, and will, happen before voters go to the polls in November to chose their next governor. But a central theme of the campaign emerged Wednesday, when Gov. Pat Quinn proposed making permanent what was supposed to have been a temporary hike in the state's income tax. His Republican opponent, Bruce Rauner, favors letting the increase lapse. Their competing visions mean a lot is at stake ahead of the upcoming election, as well as for the state's future.

Read more
Budget address
10:32 am
Tue March 25, 2014

Gov. Quinn's Budget Address Could Answer Income Tax Question

  In a speech that could be pivotal for both his re-election campaign and for the state's finances, Governor Pat Quinn will Wednesday present his annual budget proposal. His administration is tight-lipped about what he has in mind. 

Illinois lawmakers — at least most of them — have agreed the state has about $35 billion dollars to spend next year.

But as House Republican Leader Jim Durkin says,

"How we distribute that money and divvy it up is a whole different analysis."

Read more
Governor's Budget
10:11 am
Sun March 23, 2014

A Possible Six-Month Budget From Gov. Quinn?

  More than a month after he was supposed to outline his financial agenda for the state, Governor Pat Quinn will deliver his budget address this week. He has promised to give a long-term plan as well. But some legislators fear Illinois will go the opposite route and adopt a partial-year budget.

During his budget speech Wednesday, Gov. Quinn will presumably answer the question he has avoided answering for months: what should Illinois do about the temporary income tax increase, set to rollback in January? That's midway through the next fiscal year.

Read more
Statehouse
4:07 pm
Tue February 25, 2014

House Sets Spending Cap — Down $1b From Last Year

Credit Brian Mackey/WUIS

The Illinois House took a key first step in the state budgeting process Tuesday.

It adopted what's called a "revenue estimate" — how much money Illinois is expected to be able to spend in the next fiscal year.

The cap, of $34.495 billion, is significant in several ways: It's about a billion less than last year's number, which means lawmakers are going to have extend the tax increase or find other sources of money, or they'll have to make a lot of cuts. On the other hand, it's not as bad as some people had feared.

Read more
Election 2014
5:21 pm
Mon February 17, 2014

Cullerton Prods GOP Over 'Secret Plan' On Budget

Credit Illinois Senate

The top Democrat in the Illinois Senate on Monday went on the offensive over state spending. Senate President John Cullerton is calling out the Republicans running for governor.

Cullerton laid out the hits expected in next year's budget, including the roll back of the income tax hike and mandatory spending increases on things like personnel and healthcare for the poor. Add it up, Cullerton says, and it's a nearly $3 billion hole.

Read more
Statehouse
2:14 pm
Fri February 7, 2014

Listen To State Week - February 7, 2014

Credit Dan LoGrasso / WUIS

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.

Read more
Statehouse
4:43 pm
Mon February 3, 2014

Gov. Quinn Wants To Delay Budget Address

Credit Amanda Vinicky

Gov. Pat Quinn has asked for more time before he delivers his budget address in part to prepare a five-year spending blueprint.  
Quinn spokeswoman Brooke Anderson said Monday that the governor would like to delay his annual budget speech from Feb. 19 to March 26.

Read more
Pensions
7:20 am
Tue January 7, 2014

Don't Bank On Pension Savings Just Yet

House Speaker Michael Madigan sponsored the pension overhaul, which state employees' and teachers' unions say unfairly cuts their benefits.
Credit Amanda Vinicky

With the new year comes the annual process of crafting a new state budget.  Money will be tight, despite a pension law that's supposed to save $160 billion dollars over the next 30 years.

Legislators who voted to cut state employees' and teachers' retirement benefits say they had no choice. Nearly a fifth of the state budget was going into Illinois' pension systems. Meaning there was less money to spend elsewhere. The pension law is supposed to ease that so-called "squeeze."

Read more