Wednesday, July 15, 2009

Illinois Takes on a Temporary Budget

Illinois Takes on a Temporary Budget



Illinois Governor Pat Quinn



So Governor Quinn approved a temporary budget that was proposed.

This budget is based on more borrowing and does not include the massive cuts to government programs or any tax hikes according to previous proposals. But later this year the budget will be revisited and more choices will have to be made on cuts and taxes.

As far as tax hikes go, word is that due to the need for more votes to pass a tax increase it will not happen until January when only a majority is needed. This is seen as a strategy for incumbents who if raised taxes now or later this year would get pummeled by the media and voters would be angry. But if done in January then the primary is right around the corner and has less of an impact.

Monday, July 13, 2009

Governor Quinn Signs a Capital Bill

Governor Quinn Signs a Capital Bill



This $31 billion bill is expected to create thousands of jobs and help rebuild the State’s crumbling infrastructure.

Approximately $200 Million is going to Southwestern Illinois Road and Bridge Projects.

capital bill for illinois

Quinn is putting off his tax increase request, but is definitely a maneuver.

Quinn is hurting himself as he tries to push off negative attention to the House Members and the House Members are also hurting themselves as they try to push off negative attention at Governor Quinn. It really is a lose lose currently and these guys need to step up and figure out something that will work.

People are not going to be very happy when an unbalanced budget last throughout the remainder of the year and continues to threaten and harm vital programs. And leads to more jobs cuts in certain industries.