A Conservative Approach to State of Illinois Finances
I spent some time talking with a top legislative budget negotiator last week who said rank-and-file legislators will very soon have to come to terms with a state budget environment unlike anything many have ever seen before.
The “budgeteer” didn’t know yet how things would shake out, but the person was adamant that weak revenues combined with total uncertainty from both the federal government and in the national economy meant the new state budget should most definitely not be overloaded with spending.
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