News

Cullerton Warns of $3B Budget Hole

Cullerton Warns of $3B Budget Hole

Photo: Newsradio WTAX

A top Illinois Democrat is warning of a nearly $3 billion state budget hole that includes a $1.6 billion revenue decline next year when the state’s income tax increase expires.

State Senate President John Cullerton (D-Chicago) predicted dire cuts during a news conference Monday. He asked Republicans to come forward with ideas on balancing the budget, specifically those running for Illinois governor.

Cullerton didn’t say what he’d do with the budget. He said everything is on the table, including extending the income tax increase.

Cullerton says he called the news conference because Republicans objected to Gov. Pat Quinn moving his budget address back more than month. It now falls after the March 18 primary.

Republicans called that a political ploy. Quinn said he needs more time for a long-range spending blueprint.

Recent Headlines

in Local

Inmate Overpowers Guard, Escapes from Kankakee Jail

jail

The Kankakee County Sheriff's Office says Kamron T. Taylor fled from the Jerome Combs Detention Center at about 3 a.m. Wednesday.

in Local

Rail Interest Group Seeks to Save Amtrak Dollars

amtrak

Governor proposes big cut in state subsidy

in Local

Durbin Is Upset Human Trafficking Bill Is Stalled

durbin

Abortion-related diversion could be at work

in Local

Springfield City Council Continues Food Truck Debate

3-10-15 Springfield City Council

The Springfield City Council will continue discussions on whether or not to place more regulations on food trucks, and will do so with Ward Six Alderman Cory Jobe's amendment reducing how far away a truck must be from a brick-and-mortar restaurant down to 500 feet.