|
It's Your Money: Please tell me what you think about the state budget |
 Governor Pat Quinn gave his annual budget address March 10.
His budget proposal is the first step in a long negotiation process, and I look forward to working with my fellow lawmakers to craft a fiscal plan that reflects the spending priorities of 37th District citizens.
Please click on the image at left and tell me what you think about the state budget. After all, it's your money!
Thank you! |
|
Read more...
|
|
|
Senate Week in Review: March 8-12, 2010 |
 Despite Illinois’ overwhelming deficit, Governor Pat Quinn presented a “borrow and spend” budget on March 10 that Senator Dale Risinger said may be the most irresponsible budget ever submitted to the General Assembly.
Not only is the budget proposal out of balance by almost $5 billion—violating the Governor’s constitutional duty to propose a balanced budget—the plan presented by Quinn doesn’t have a single penny to back up nearly a fifth of General Funds spending.
The Governor also advanced a 33 percent state income tax increase, proposing a surcharge hike from 3 percent to 4 percent for education funding. However, Senator Risinger said that this $3 billion increase is obviously a tactical maneuver to pressure lawmakers into increasing taxes in the short-term, with an even larger tax increase likely to be pushed following the November elections. |
|
Read more...
|
|
|
Senator Risinger comments on Governor Quinn's Budget Address March 10 |
|
|
Quinn's budget: Deficit spending, more borrowing, ignoring unpaid bills |
 Governor Pat Quinn’s budget plan for next year relies on spending nearly $5 billion more than expected state revenues, borrowing to make up the difference, and ignoring billions more in unpaid bills, according to Senator Dale Risinger.
Quinn outlined a $51.7 billion (state and federal funds) budget proposal for Fiscal Year 2011 to a joint session of the General Assembly on March 10. Fiscal Year 2011 runs from July 1, 2010, through June 30, 2011.
The Governor is calling for $32.1 billion in general funds spending – basically, the state’s operating budget – but is only estimating general funds revenues of $27.4 billion – a budget hole of $4.7 billion. In addition, Quinn’s budget plan does nothing to address a $6 billion backlog of unpaid bills, opting to push them into the next budget year. |
|
Read more...
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
| Results 1 - 10 of 264 |
