Jeanne Ives

flickr/borman18

As Illinois lawmakers grapple with a budget shortfall, a measure to impose a tax on millionaires' income came up short.

Adding a surcharge to income over a million dollars to raise more money for Illinois schools was a concept Democratic House Speaker Michael Madigan introduced last year, but there wasn't enough support.

Now, as Illinois faces a $6 billion budget gap, he's brought it back.

"We're simply asking those that have done well in life to help our educational system," Madigan said.

But his effort came up short, by three votes.

Speaker Michael Madigan
Amanda Vinicky/WUIS

The Illinois General Assembly approved sweeping cuts to state employee pensions Tuesday. The move comes after years of stalemate over how to address a hundred-billion dollar liability — the worst-funded pension plans of any state.