illinois state budget

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Brian Mackey / WUIS - Illinois Issues

As the May 31st deadline for passing a new budget looms, Governor Rauner and the Legislature continue to bicker.  John O'Connor of the Associated Press joins the panel this week.

Things To Watch In Rauner's Budget Address

Feb 18, 2015
Bruce Rauner at Inauguration 2015
Brian Mackey/WUIS

Since the night he was elected, Gov. Bruce Rauner has
repeatedly said he wants Illinois to be the most competitive yet compassionate
state in the nation.
 
 He's also quick to add one caveat: ``We don't have the money to be able to be
compassionate.''     
 
 As the Republican prepares to propose his first budget Wednesday for a state
that's billions of dollars in the red, many lawmakers and advocates for
low-income, elderly and disabled people are bracing for major cuts to areas such
as Medicaid and mental health care.   
 
 

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Dan LoGrasso / WUIS

This week, GOP gubernatorial hopeful Bruce Rauner proposed more ways to fix the state's budget woes.  Also, a state legislative commission has pushed back the investigation into Governor pat Quinn's controversial Neighborhood Recovery Initiative until October.

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Dan LoGrasso / WUIS

This week, gubernatorial candidate Bruce Rauner chimes in on how to fix the state's budget woes.  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.

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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.
 
The House is expected to vote Tuesday on the approximately $35 billion spending
plan.
Lawmakers drafted the plan after House Speaker Michael Madigan announced his
chamber had given up on extending a temporary income tax increase. That will
result in a roughly $1.8 billion revenue drop next year.
 
Democratic Sen. Dan Kotowski says the new budget plan ensures education

WUIS

Illinois House Democrats have given up on extending a temporary income tax increase and have begun working on a scaled-back state spending plan.
 
Speaker Michael Madigan said Monday that House working groups would begin work
on a ``middle-of-the-road'' budget that's in line with a revenue estimate of about $34 billion.
 
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.
 

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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.

  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.

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.

It's a sharp turn from three years ago when Madigan pushed to increase the corporate tax rate along with the individual income tax.

Bipartisan Call To Work Together On Budget

Oct 30, 2013
wnij

Two state senators say partisan bickering over the state's budget should be set aside for the sake of Illinois residents.  

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.  

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.