Quinn Budget To Be Hobbled By Pensions, Overdue Bills
From the Springfield State Journal-Register
Gov. Pat Quinn is scheduled to outline his plan for next year’s budget Wednesday against a backdrop of deep budget problems that continue to dog the state despite a steep increase in the state income tax.
Quinn will deliver his budget with a backlog of $7.2 billion in bills waiting to be paid in Comptroller Judy Baar Topinka’s office and with legislators still struggling for a solution to the state’s crushing pension deficit.
The speech will come even as the Illinois House prepares to continue its practice of the last two years in which it makes its own declaration of the state’s expected revenue next year and allocates it among appropriations committees to determine how best to spend it.
Quinn’s office has been mum on details in advance of the speech.
“It’s going to be an honest budget. It’s going to reflect the governor’s budget priorities and hold the line on spending,” said Quinn spokeswoman Brooke Anderson.
Read more in our daily News Update...
From the Springfield State Journal-Register
Gov. Pat Quinn is scheduled to outline his plan for next year’s budget Wednesday against a backdrop of deep budget problems that continue to dog the state despite a steep increase in the state income tax.
Quinn will deliver his budget with a backlog of $7.2 billion in bills waiting to be paid in Comptroller Judy Baar Topinka’s office and with legislators still struggling for a solution to the state’s crushing pension deficit.
The speech will come even as the Illinois House prepares to continue its practice of the last two years in which it makes its own declaration of the state’s expected revenue next year and allocates it among appropriations committees to determine how best to spend it.
Quinn’s office has been mum on details in advance of the speech.
“It’s going to be an honest budget. It’s going to reflect the governor’s budget priorities and hold the line on spending,” said Quinn spokeswoman Brooke Anderson.
Read more in our daily News Update...