All articles tagged Budget Deficit

A new report says Illinois state government is at “elevated risk” in the event of an economic downturn.

Senate Republicans ran into a speed bump Thursday evening in their quest to pass a tax overhaul by the weekend, over concerns that the bill could fall far short of GOP promises of economic growth.

Gov. Bruce Rauner recently criticized the Democrats for passing a spending plan that is more than a billion dollars out of balance, according to analysis from his budget office. That same report noted that if one-time revenues are included, the state could see a surplus at the end of the year.

For the first time since summer ... Governor Bruce Rauner and the legislature's four top leaders got together Tuesday morning. The meeting didn't last long. Roughly a half an hour.  And another meeting was scheduled for Wednesday morning.

Former Illinois governor Jim Edgar spoke with Illinois Public Media's Brian Moline about the similarities between his first budget battle with House Speaker Michael Madigan, and the current standoff between Madigan and Governor Bruce Rauner.