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Illinois state budget crisis at a glance: Revenue down, spending up, no one in control and no end in sight

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Feb 15, 2016
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BACKDROP: Gov. Bruce Rauner delivers his 2016 Budget Address on Feb. 17. He’s in an awkward situation: The Budget Address is intended as a preview of the Illinois state budget for fiscal year 2017, which starts July 1. State government has yet to adopt a budget for FY 2016, which started last July 1.Making matters worse, without a budget to cut spending or raise more revenue, state government since July 1 has been spending far more than it's taking in. Taxpayers will have to make up the difference whenever Rauner and the Democrat-controlled General Assembly pass a budget. The longer the...

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