Ready to meet the challenges
After years of truly unbalanced budgets, Illinois is faced with unprecedented debt and deficits. According to a recent report from the Illinois Comptroller’s office, the state’s backlog of more than 48,000 bills – money owed to social service agencies and vendors – totals more than $7 billion.
The General Assembly has failed for the second year in a row to approve a state budget by May 31.
Illinois faces many challenges, yet there as equally as many opportunities out there as well, if we set aside the gamesmanship and start working together. There are encouraging signs of an eventual resolution to the impasse. Session days are expected to be scheduled on a weekly basis and working groups of lawmakers are planning to continue meeting to resolve the remaining issues.
My colleagues and I will continue to push for a complete and constitutional state budget, in which spending matches revenues. We will also insist on essential reforms to rebuild and revitalize Illinois’ economy before any consideration of new taxes. Growing the economy and providing opportunities and prosperity and jobs are the best ways back to fiscal good health.