News

State Budget Inches Along

State Budget Inches Along

Photo: Newsradio WTAX

That “middle of the road” budget has passed the Illinois House. But don’t count out the idea of digging up some more revenue later this year or “into January,” said Speaker Mike Madigan (D-Chicago). “We’ll assess the situation at the time.”

While the budget – with the 5 percent income tax rolling back to 3.75 percent Dec. 31 and relying, as in previous years, on borrowing or delay – raises the spectre of layoffs, “state agencies have had experience with austere budgets over several years,” Madigan points out.

The budget, whose five bills passed on party-line votes, comes after the House failed to pass an even more austere budget and after House members failed to get enough support to, as the governor wanted, extend the 5 percent personal income tax.

Republicans complained about being left out of the process and about being expected to consider complicated budget bills just a few hours before they are voted on.

The Senate has supported the higher income tax all along.

The fiscal year starts July 1.

Recent Headlines

8 hours ago in Entertainment

REVIEW: ‘Alice Through the Looking Glass’ is a totally pointless, boring sequel

17-overlay-3

Not even Johnny Depp - reliable as ever inside a fright wig and exaggerated make up - can save this sequel.

11 hours ago in Entertainment

Stage is set for toughest National Spelling Bee ever

11-overlay-15

The final day of the Scripps National Spelling Bee could feature the most difficult words ever used in the competition.

13 hours ago in Music

Chris Cornell wins mastertapes battle

chriscornell218113539983

The rocker has won the battle for the mastertapes to his Temple of the Dog recordings just in time for the 25th anniversary of the supergroup venture.