News

Speaker Plans Thursday Vote on State Spending Plan

Speaker Plans Thursday Vote on State Spending Plan

Photo: Associated Press/Seth Perlman

Spending $38 billion is easy. Finding the money to pay for it, with the state’s personal income tax rate set to roll back 1.25 percentage points midway through the fiscal year is less easy.

House Speaker Mike Madigan (D-Chicago), planning a floor vote on the spending part of it Thursday, says he still needs to persuade some members to find a way to balance the budget – that is, extend the five percent income tax rate if that budget is going to work.

“We talk in terms of their view of where the state should be (and) what the state should be doing for its citizens,” Madigan said of his talks with Democratic representatives. “They’re really policy-orientated conversations. You’d really enjoy them.”

The speaker reminds us there are two and a half weeks remaining in the session. History reminds us the lawmakers can find ways to do things in June, or later, too.

“Don’t worry about the deadline,” the speaker said as he walked away. “Don’t.”

Recent Headlines

in Local

Fire Displaces Seven

local_news_generic

No injuries reported

in Local

Report: State Unemployment Rate Drops Again

jobs

Lowest in more than 6 years

in Local

State Lawmakers May Return to Springfield Earlier Than Planned

state_capitol_3

But will Senate and House leaders agree?

in Local

Jacksonville Area Teacher Arrested

handcuffs2

ISP working with Morgan County State's Attorney

in Local

Durbin Weighs in on Cuba Relations

local_news_generic

For the the first time since 1961, the United States is moving towards official diplomatic relations with Cuba — and…