Moody’s lowers Illinois’ credit rating over budget impasse
Lawmakers adjourned their spring session last month without approving a budget for the second straight year
Lawmakers adjourned their spring session last month without approving a budget for the second straight year
( KTRS ) As Illinois draws close to entering its second year without a budget, one of its many unpaid bills could cause trouble with the nation’s top crime-fighting force. Documents show that the state owes $3 million to the FBI for processing fingerprints and conducting background checks. The debt is now so long overdue…
Rauner said that data don’t show any increase in crime yet, but he says “it will.”
With no progress on the horizon, there could be cuts to critical state services
(KTRS) – It appears the plan for a short-term budget fix in Illinois, is dead. Democratic lawmakers say they will not discuss Governor Bruce Rauner’s plan to fund schools and some social service agencies and leave other issues for later. Republicans worry that Democrats will instead move ahead with a budget plan that is not balanced.…
SPRINGFIELD, Ill. (AP) – The prospects that Illinois’ nearly yearlong budget stalemate will soon end are quickly diminishing even though Republican Gov. Bruce Rauner says he’s still “hopeful” for a deal. Legislative leaders were meeting with Rauner Thursday afternoon. But Democrats have so far ignored Rauner’s calls for compromise. House Democrats have approved their own…
SPRINGFIELD, Ill. (AP) – The Democratic-led Illinois House passed a budget for next year in defiance of Republican Gov. Bruce Rauner’s wish for pro-business legislation he wants. Republicans howled in protest Wednesday after Democrats stopped debate on the budget plan and voted to pass it 63-53 vote. The state has been without a spending plan…
Springfield, IL (AP) – Illinois lawmakers have approved a $600 million short-term funding infusion for higher education institutions that have been struggling financially due to not receiving state money during the state budget impasse. The Senate unanimously approved the deal Friday after House members voted for it 106-2. Governor Bruce Rauner is expected to sign the…
WASHINGTON (AP) – House Speaker Paul Ryan’s national stature is such that he had to call a news conference to deny he wants to be president. Back on Capitol Hill, he’s about to blow through a statutory deadline to pass an annual budget, a major embarrassment for him and House Republicans. Under the government’s arcane…
JEFFERSON CITY, Mo. (AP) – The Missouri budget director says revenue is up more than 4 percent this fiscal year compared to last. State budget director Dan Haug on Monday said revenues for the fiscal year that started July 1 are so far 4.2 percent higher than in 2015. This fiscal year, the state has…