Illinois Fertilizer & Chemical Association
Supply · Service · Stewardship

Illinois end-of-year budget deficit to top $6B

The state’s budget deficit will top $6.2 billion for the fiscal year through June 30, forecasters for the Illinois General Assembly estimated Wednesday.
 
In a review requested by Rep. David McSweeney, the Commission on Government Forecasting and Accountability said if Illinois goes a third full year without a budget agreement, the state’s leviathan of past-due bills will hit $22.7 billion. It sat at $14.9 billion Wednesday.
 
McSweeney, who said, “Illinois is imploding,” released the results to The Associated Press.
 
“The governor needs to call the General Assembly into special session every day until we pass a balanced budget without a tax increase,” the conservative, Barrington Hills Republican said. “Let’s stop the madness and pass a balanced budget now.”
 
Click Here to read more.