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Illinois End-Of-Year Budget Deficit ToTop $6B

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Illinois End-Of-Year Budget Deficit ToTop $6B

SPRINGFIELD, Ill. (AP) – Fiscal forecasters for the Illinois General Assembly estimate the state’s end-of-year budget deficit will top $6 billion. State Rep. David McSweeney requested the review. The Barrington Hills Republican received the results from the Commission on Government Forecasting and Accountability and released them to The Associated Press on Wednesday. The bipartisan commission’s […]

Illinois End-Of-Year Budget Deficit ToTop $6B

SPRINGFIELD, Ill. (AP) – Fiscal forecasters for the Illinois General Assembly estimate the state’s end-of-year budget deficit will top $6 billion.

State Rep. David McSweeney requested the review. The Barrington Hills Republican received the results from the Commission on Government Forecasting and Accountability and released them to The Associated Press on Wednesday.
The bipartisan commission’s report says that the state will end its fiscal year June 30 more than $6.2 billion in the red. Last year that number was a $3.8 billion deficit.

McSweeney says, “Illinois is imploding.” He says GOP Gov. Bruce Rauner should call daily legislative sessions until there’s a resolution. The Democratic-controlled General Assembly last week ended its third consecutive session without sealing a budget deal with Rauner.

The commission says with no action a year from now, the deficit will be nearly $8 billion.

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