Wednesday, February 17, 2016

Alliance Legislative Report (99-37)

As the state is in the middle of the eighth month of the fiscal year with no budget in place, Governor Bruce Rauner delivered his annual Budget Address today before a joint meeting of the Illinois General Assembly. Stating that 2016 cannot be a repeat of the budget failures of last year, he laid out two options from which the legislature must choose to implement a budget.

Option one, the governor’s preferred choice, would have the legislature reach a compromise with the governor’s office on a mixture of budget cuts, fiscal reforms, and increased revenues to approve a balanced budget. The reforms would include some of the components of, or at least a portion of components of, Governor Rauner’s “Turnaround Agenda.”

Option two would be for the legislature to approve a general budget along with legislation to give the governor authority to make cuts where he feels it is necessary in order to balance the budget.