From AP - News Headlines -

IL Legislators Come Back This Week with Unfinished Budget Business

The General Assembly is back in Springfield this week, with the House back Monday and the Senate in on Wednesday.

Legislators' main mission is to pass a new budget. The Illinois House will convene after an approximately two week long break to work on a budget with the same framework as the spending plan that has already passed the Senate. That plan relies on some cuts and granting Governor Pat Quinn extraordinary authority to make more financial decisions. It's expected the House could tweak it to protect certain programs and rein in some of Quinn's powers. An outstanding question is if the House will borrow money to make a $4 billion public pension payment, or skip the payment altogether. Democratic Representative Ken Dunkin of Chicago says either are better than taking money from social services and education.

"Some of us simply are not looking at reality," Dunkin said. "The reality is if you're in a jam, at this level, and this is a rare occasion for us to be in such significant deficit, borrowing or suspending payment to one year is not a bad option."

Also unclear if is there will be support to pass a cigarette tax hike to help fund schools. Democrats -- who control the legislature -- are aiming to finish before the end of the month. Thereafter, passing a budget will be tougher because some Republicans will need to get on board.

Categories: Economics, Government, Politics