Local News

Governor Quinn's budgeting forecast doesn't reflect a positive outcome in the long run.   The report highlights a three-year plan that shows an increase in state revenues for the next two years but that will change drastically once the temporary tax increase expires.  Some areas of government will see cuts, but Quinn says he's committed to funding education, which holds steady at eight-point-nine-billion dollars for the next three years.  The governor plans to focus on restructuring the state's debt for Fiscal Year 2013.  That includes a nine-percent budget reduction for state agencies.  Quinn says he'll pay special attention to pension and Medicaid reform.  He says improving the state's financial situation won't come without challenges but he's confident it can be done.

Local Weather - Sponsored By:
Townhall Top of the Hour News


SRN News