Written by Haine Staff Wednesday, 23 May 2012 19:27
“This plan is a step toward a leaner, more efficient state government that can operate on its own merit after the temporary income tax expires. It spends less, sets aside money to pay down our stack of bills and fully funds our pensions without relying on borrowing… and works to guarantee that the temporary tax increase goes out of existence in two-and-a-half years.” – State Senator Bill Haine
SPRINGFIELD, IL – The Illinois Senate advanced a balanced budget plan that reduces state spending by $255 million, sets aside over a billion dollars to pay down Illinois’ backlog of bills, and falls within the conservative revenue estimate agreed upon by both chambers earlier this year.
Illinois State Senator Bill Haine (D-Alton), who voted for the plan, said the Senate’s budget proposal is a step in the right direction because it reduces spending and puts Illinois on a track of financial certainty, which is important for businesses in the state.
Read more: Haine votes to advance Senate’s balanced budget plan



