Taxes boil to front in Illinois budget showdown
Illinois business leaders urge tax caution as a budget shortfall dominates the Capitol scene. Executives like Jay Shattuck and Todd Maisch push spending cuts over new revenue, while farmers and disability groups propose targeted funding, and Attorney General Jim Ryan pledges fiscal discipline and waste elimination.
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Springfield
State Capitol
Jay Shattuck
Illinois State Chamber of Commerce
Chamber
Todd Maisch
Jim Ryan
Council of Economic Advisers
Budget outlook darkens as Illinois faces ongoing shortfalls
Illinois budget analysts warn of shrinking revenues and rising costs. The Illinois Economic and Fiscal Commission projects the general revenue fund will fall by 300 to 500 million dollars this year, with only a 250 to 300 million dollar rebound anticipated next year, signaling a possible 50 to 200 million dollar shortfall versus two years prior.
MENTIONED IN THIS ARTICLE
Muschinske
Gov Ryan to release report on capital punishment Monday
Illinois Governor George H. Ryan will unveil the Governor’s Commission on Capital Punishment report Monday. The release comes amid protests at the Capitol against the death penalty and calls to abolish it, with supporters like Rep. Arthur Turner arguing politics may hinder action this year.
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Gov. Ryan
Springfield
Illinois
George H. Ryan
Matt Vanover
Ryan
Governor’s Commission On Capital Punishment
Arthur L. Turner
Illinois Capitol
Turner
Capitol
Jim Montgomery
First Presbyterian Church
Decatur
Mary Margaret Montgomery
Eisenhower
Commission
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