
Senate Leaders: Not Backing Off ‘Grand Bargain’
The Illinois Senate left Springfield Thursday without voting on a bipartisan effort to end Illinois' budget stalemate. But hope springs eternal. The so-called grand bargain - devised earlier this month by the Senate's top leadership - was like a chili recipe where the cooks keep swapping ingredients. The latest version would increase the income tax by one-and-a-quarter percentage points, and further decrease government pensions.