While many states struggle to fill budget gaps, the state of Indiana took in $150 million more than expected during the month of May. State officials reported Friday that sales tax collections were $28 million above May collections last year.
Illinois lawmakers have approved a budget that makes deep cuts to the spending proposed by Gov. Pat Quinn.Quinn, the Senate and the Illinois House have been at odds over how much to spend in the upcoming year.
Chicago Mayor Rahm Emanuel's name has started showing up on some prominent signs in Chicago. But Emanuel said city workers should hold off on replacing the remaining signs that say "Richard M. Daley."Emanuel said that on his first day, city workers only changed the signs they saw as "essential."
Illinois Governor Pat Quinn is floating an idea to suspend a billion dollars in state financial aid to local governments around the state.Budget negotiations have been ongoing in Springfield. Quinn has proposed borrowing more than $4 billion to help pay the state's bills.
Reports of the death of compromise in Washington are greatly exaggerated.That's one important message from the 11th-hour agreement that averted a partial shutdown of the federal government Friday night."No compromise" has been the rallying cry of the Tea Party movement.
Illinois Gov. Pat Quinn says he won't go along with budget plans that include cuts to education. Legislators in the House of Representatives have approved a budget package that would cut $200 million to schools.
After a five-week layoff, the Indiana House is racing to approve bills --- including the state budget --- to make up for lost time.With Republicans firmly in control, the Indiana House approved a $28 billion two-year spending plan this week. The Indiana Senate, also controlled by Republicans,