Illinois lawmakers are considering a Doomsday budget which would cut the budgets for state agencies by 20-percent, thanks to the tax rollback. Ben Winick, with Governor Pat Quinn’s Budget Office, says that’s an unrealistic plan that ultimately hurts the citizens of Illinois.
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Illinois Schools, DCFS, and other agencies also say a 20-percent cut would leave them in a financial bind. Analysts say things will be tight with such a drastic drop in revenues but Republicans argue that the state brought in tens of billions of dollars with the tax increase, and there’s no way it should be having this much financial trouble.
Lawmakers have just a few more months to put a budget together for the state’s next fiscal year, which begins July 1st.