Rauner faces $9B shortfall in presenting budget plan

Illinois Gov. Bruce Rauner unveils his 2019 finances proposal to a Basic Meeting anticipating to listen to him clarify how he’ll erase a $9 billion deficit.

The primary-time period Republican delivers his finances handle Wednesday. He is coming off the primary yearlong finances since taking workplace in 2015. Lawmakers despatched it to him final summer time after voting to override his veto of an revenue-tax price improve from three.seventy five % to four.ninety five %.

Rauner’s finances director informed a Senate Appropriations Committee final week that the governor had whittled a $1.7 billion deficit within the finances given him final summer time right down to $600 million. There’s additionally greater than $eight billion in backlogged payments.

Rauner additionally should provide you with $350 million extra for faculties and say how he plans to roll again the tax hike.

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