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http://www.pantagraph.com/news/local/article_ff03c0e0-cef2-11de-bb89-001cc4c002e0.html
Think tank: Illinois budget among the
worst in the nation
Pantagraph
By: Mike Riopell
November 11, 2009
SPRINGFIELD -- When it comes to money, Illinois is among the worst-off states
in the country, a national think tank reported Wednesday.
In a study based on California's epic budget problems, Illinois is listed
among the nine other states suffering similar severe money troubles.
The report by the Pew Center for the States noted Illinois' huge gap between
how much money it takes in and how much it spends. The deficit, along with a
high unemployment rate, is one of the several factors Illinois shares with other
states on the list, including nearby Wisconsin and Michigan.
Another similarity among the states, according to Pew, is the political
difficulties in raising taxes to bring in more money. The budget and taxes
likely could be the biggest issue in the 2010 governors race, with most
Republican candidates vowing not to raise them.
Gov. Pat Quinn, a Democrat, wanted to raise income taxes this year to help
deal with the deficit. But opposition led by Republicans stymied that effort.
They argued raising taxes on people during a recession would only make things
worse.
The study emphasizes that for states like Illinois, getting back into good
financial condition will not be easy.
"State budget problems are likely to get worse before they get better," said
Susan Urahn, managing director of the group.
Illinois' more than $13 billion budget deficit puts it in the top three
nationwide, according to report. One factor that makes it especially tough to
solve, Pew says, is that the state was already running a deficit before the
recession hit.
"Illinois, for example, has a long history of spending more than it takes
in," Urahn said.
The report quotes several Illinois budget experts, including former Gov. Jim
Edgar. Edgar said the responsibility of cutting the state budget will probably
have to fall on the governor, because lawmakers probably won't do it.
"My experience has always been that the legislature is not usually the
institution you're going to depend on to hold the line on spending" Edgar said.
"It's the nature of the legislature to make their constituents happy." |