IL Democrats proposing budget with $3 billion worth of debt

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Illinois House Speaker Michael Madigan announces budget proposal

(SPRINGFIELD, ILL) Illinois lawmakers have a week to pass a new state budget, but the democrats’ plan could be a non-starter.

House Speaker Michael Madigan says democrats are ready to pass a $36.3 billion spending plan, but he admits the state doesn’t have the money.

“Democrats in the legislature, both the House and the Senate, will offer a spending plan that’s consistent with our view of what the state of Illinois should do for Illinoisans who need the government to be helpful to them,” Madigan said. “We will publicly acknowledge that we don’t have the money to pay for this budget.”

That budget is at least $3 billion short.

Madigan says he would work with Governor Bruce Rauner to find new money.

Rauner has said he won’t support raising taxes until lawmakers pass his so-called “Turnaround Agenda.”

That agenda includes proposals dealing with workers’ compensation, lawsuit limits, a property tax freeze, and term limits.

“I’m not going to say that the gentleman went wrong. I’m not going to say that, all right? He has his views on what should be done in the government, and others in the legislature have different views. That’s just the way it is,” Madigan said. “What he’s attempting to do is mix apples and oranges, he’s attempting to bring these non-budget issues into budget-making, that’s where we have a completely serious difference of opinion between he and I and others in the legislature.”

The governor’s office offered no support for Madigan’s plan.

“(Democrats) appear ready to end the regular session with yet another broken budget or massive tax hike — and no structural reforms,” Rauner spokesman Lance Trover said. “The speaker and his allies in the legislature are sorely mistaken if they believe the people of Illinois will accept doubling down on a broken system that has failed Illinois over the last dozen years.”

More pieces of the budget proposal could get released Tuesday.

They include spending $50 million less on universities and colleges.

But that money gets moved over to corrections and police budget to cover higher payroll expenses.

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    What do we pay these people for? They do not do anything at all. Why don’t you vote them out and bring in people who “say” they will get things done and get rid of the wastes of our money currently in office? And if they do not do as promised, vote for the next guy. Maybe politicians will then realize that unless we do something, we will be un-employed!

  • Edward Douglas

    Everything we are currently doing at our house, is to get ready to put it on the market in the next year. The state of Illinois is now losing population every year, with the city of Chicago losing millions over the past decades. Those who are smart and capable will leave! Fewer people paying into the tax system, leaves a larger burden on those left behind. As the government refuses to cut and instead increases taxes, more people leave the state again. This is often refer to as death spiral. Unfortunately, those left behind are usually the ones who can least afford it, as they are not able to afford to leave.

    Illinois is now so dysfunctional, and it is so much of a thief now, that I actually hate it. We are going to set the city of Chicago flag and that of the state of Illinois flag ablaze in our backyard fire pit, get in a moving van and laugh all the way out of Illinois as we say a permanent goodbye to this dump…it will be a wonderful day.

  • joe

    MM is the poster child of why there should be term limits. He, amongst others, has destroyed the state of Illinois. Able working people are leaving, and rightfully so. When half the people that work support the other half that doesn’t, the whole system collapses. And it all starts with public union pensions that are unsustainable. Just look at Chicago. It will be another Detroit by the end of the decade, with the state of Illinois soon to follow.

  • D

    i don’t support term limits. all they do is create chaos every other election, but Madigan needs to either die already or retire. As long as he leaves office the method is unimportant.

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