The Illinois Comptroller is painting a grim picture of the state's financial situation. Leslie Munger said yesterday that things will get worse under the six-month stopgap budget approved by lawmakers and Governor Rauner. She believes the state will spend over two-billion dollars more than it's expected to take in during the current fiscal year. Munger said Illinois' backlog of bills could rise to more than ten-billion dollars by the end of 2016.
Friday, July 15, 2016
Comptroller Munger Paints a Grim Picture for the State's Finances
The Illinois Comptroller is painting a grim picture of the state's financial situation. Leslie Munger said yesterday that things will get worse under the six-month stopgap budget approved by lawmakers and Governor Rauner. She believes the state will spend over two-billion dollars more than it's expected to take in during the current fiscal year. Munger said Illinois' backlog of bills could rise to more than ten-billion dollars by the end of 2016.
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