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

Lawmaker Introduces Measure to Cut GA, Officer Salaries

money

An Illinois lawmaker has introduced legislation that would cut the pay of elected officeholders by 10 percent.

in Local

Portions of MacArthur Blvd. Closed due to Sewer Cave In

road construction

Portions of southbound MacArthur Blvd. are down to one lane due to a sewer cave in.

in Local

Two Men Arrested, Charged in Springfield Armed Robbery

gun

Two men accused of an armed robbery in the Springfield PetSmart parking lot have been arrested.

in Local

Springfield Police Investigate Murder, Shootings on East Side

Updated
medical

Springfield Police are investigating what could be the city's second homicide of the year.

in Local

Republicans React to Free Community College Plan

college

Agreed: College must be more affordable