// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

CHICAGO (AP) - Gov. Pat Quinn says income tax revenue for 2013 will top forecasts by $1.3 billion. He says he'll put the money toward the billions the state owes in unpaid bills.

The governor's office said Tuesday the money was a one-time windfall resulting from businesses and individuals selling assets or taking early dividends in anticipation of higher federal tax rates.

Quinn says the money is welcome but a one-time bump in revenue will not help fix the problem in the long run.

Illinois owes billions to businesses, charities and local governments performing some of the state's most essential services. The problem adds to the state's huge financial mess, which includes a soaring public pension crisis.

Quinn said Tuesday the focus must be on "restoring Illinois to full fiscal responsibility."

 

Published in Local News

SPRINGFIELD, Ill. (AP) - An expansion of Medicaid under President Barack Obama's health care overhaul could increase Illinois' unpaid bills.

The (Springfield) State Journal-Register reports that the expansion would also force the state to take even longer to pay its existing $9 billion in backlogged bills.

Medicaid is the government health program for the poor and disabled. The General Assembly is considering approving a federally subsidized expansion of the program. Estimates show that about 342,000 additional Illinois residents could become eligible under the planned expansion.

The federal government would fully fund the first three years of the expansion. It would then incrementally drop the funding.

The Illinois Senate in February approved a measure authorizing the enrollment increase. Officials expect the House to vote on the issue by May 31.

 

Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
Horses, trainers prepare for 2013 Preakness

Horses, trainers prepare for 2013 Preakness

BALTIMORE (AP) - The second leg of horse racing's Triple Crown leaves the starting gate this afternoon in Maryland and the trainer for Kentucky Derby winner Orb says he thinks his ...

Gov. Nixon gives mixed review to legislators' efforts

Gov. Nixon gives mixed review to legislators' efforts

JEFFERSON CITY, Mo. (AP) - Gov. Jay Nixon is giving a mixed review to Missouri's 2013 legislative session.    The Democratic governor praised lawmakers for boosting funding for ed...

Police investigate death of Cahokia infant

An investigation is underway in the Metro East after a 4-month-old baby was found dead in his home. Cahokia police say it appears the child died from suffocation. Officers say the...

Toddler left behind by daycare workers at St. Charles restaurant

Toddler left behind by daycare workers at St. Charles r…

Employees at a St. Charles Chuck E. Cheese are being praised for how they dealt with a child being left behind yesterday. The St. Charles police say a two-year-old boy was left be...

Group protests proposal lifting Boy Scouts' gay ban

Group protests proposal lifting Boy Scouts' gay ban

Members of a national organization are protesting a proposed change to the Boy Scouts. OnMyHonor.net organized a rally today in the Central West End. The protestors were arguing a...

New regulations on scrap metal dealers could be on the way

New regulations on scrap metal dealers could be on the …

JEFFERSON CITY, Mo. (AP) - Missouri lawmakers have given final approval to legislation that would require scrap metal dealers to collect more information from the people who sell t...

Illinois Senate passes medical marijuana bill

Illinois Senate passes medical marijuana bill

SPRINGFIELD, Ill. (AP) - Medical marijuana use in Illinois is now in Gov. Pat Quinn's hands after the state Senate approved legislation. Lawmakers voted 35-21 Friday to send the m...

Police ID man who died during road rage incident

Police ID man who died during road rage incident

Police have identified the man who died during a bizarre road rage incident. The incident started on westbound I-70 at the Union exit when an SUV, driven by Darvin Wallace, starte...

© 2013 KTRS All Rights Reserved

St Louis Web Design