How is Governor Quinn handling the $11.6 billion budget deficit?
Governor Quinn has proposed a fair and comprehensive plan to balance the state’s budget. He plans to close the budget deficit by: (1) cutting costs; (2) taking advantage of federal recovery dollars; (3) creating a fair Illinois income tax system; (4) reforming pensions by making employee benefits more affordable for taxpayers; (5) ensuring that corporations share in the sacrifice by increasing the corporate income tax; and (6) improving the uniformity of the tax code.
