News

Senator: State Awash in Red Ink

Senator: State Awash in Red Ink

Photo: Newsradio WTAX

The state’s net position – assets minus liabilities – has slid $49 million to a deficit of $44.8 billion. That compares to a deficit of $17.9 billion six years ago.

“The frustrating thing is that the Democrats sold the 67 percent income tax increase and said it was going to solve the problems,” said State Sen. Matt Murphy (R-Palatine), the Senate Republicans’ point person on budgeting. “This non-partisan, numbers-based report shows our financial position is two and a half times worse than it was back in ’06.”

Murphy says a change in the governor’s office would be a good start.

Recent Headlines

in Local

Economic Development Commission Backs Parking Garage Repairs

9-1-15 Economic Development Commission

A project that's been delayed for years may end up going forward, thanks in part to the city's new Economic Development Commission.

in Local

SEIU Urges Override of Rauner Veto

9-1-15 SEIU

The Service Employees International Union used the State Capitol Rotunda to hold a class they say Governor Bruce Rauner is trying to cut.

in Local

Farmers Need to be Promoters, Too

USFRA FPS sustainability press conf

Survey released at Decatur's Farm Progress Show.

in Local

Seven Now Dead in Legionnaires Outbreak

Quincy VA Home

Seven people have died from Legionnaires' disease at a veterans' home in Quincy.

in Local

Police Hunt for 3 Suspects After Lake County Sheriffs Deputy Killed

FOX LAKE AP

Police in northern Illinois say a manhunt is underway after an officer was shot and killed while pursuing a group of suspicious men.