Wednesday, February 14, 2018

Rauner Budget Facing Billion-Plus In New Spending Pressures

Illinois Governor Bruce Rauner is going to need to find a bit more than a billion-and-a-half new dollars to make ends meet in his new budget.  The governor is set to deliver his budget address today at noon.  In addition to the lingering eight-and-a-half-billion-dollars in unpaid bills, the governor is going to have to find 350-million for new school funding, 500-million more for pensions and over 750-million-dollars to make the debt payment on a series of old state loans for next year.  No one is saying how the governor hopes to find the new money.

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