A spokeswoman for Gov. Bruce Rauner says a report that Illinois will build up an $8 billion spending deficit this year shows that the Republican’s agenda for changing the state’s business climate is necessary.
The legislative Commission on Government Forecasting and Accountability issued a report, first provided to The Associated Press, that showed spending in the stopgap budget deal approved in June will exacerbate the state’s money problems. Expenses will outstrip revenues by nearly $8 billion.
Rauner spokeswoman Catherine Kelly says the governor knows the plan he signed is not the answer. He wants to change laws to boost the economy by reducing business costs and union power.
Republican Representative David McSweeney of Barrington Hills — who requested the analysis — says the budget deal he opposed is “setting up a major disaster.”
The Associated Press contributed to this article.
Oh, this is easy to fix. Just raise taxes. That’s the Democratic solution. I am sure the folks on the south side of Chicago will be glad to pay some more!!
Actually, the people in Chicago think that the rest of the state should pay more and that Chicago should get a bigger chunk of it. I live down-state and there has been a suggestion around here for some time. Illinois should borrow money from China, use Chicago as collateral, and default on the loan.
Many politicians will overspend. They have no problem using someone else’s money to benefit their friends and associates. They have no problem spending money they don’t have if it means more votes for them.
And nationally we’re in just as bad of shape. And in this election campaign little has been said about the budget deficit and debt. Ignoring the problem won’t make it go away. Just getting worse. Hope Trump is paying attention-even though attempting to solve the problem will anger many Americans. Nobody wants their program to be cut. We need many deep cuts in budget-even if that hurts me!!