According to WCIA online, if Illinois doesn’t pass a budget the backlog of bills could be up to 28 Million for the state. They still have 60 days, May 31st, to pass a budget which if isn’t will cause many more fiscal challenges that could end up having no solutions. Lawmakers are really starting to stress the importance of passing a budget, because of the backlog it could make long-term damages for colleges and social service providers. Illinois already has the worst and lowest credit rating in the country and could sink further without a budget. A report states that this financial mess isn’t necessarily due to a recession, but more of a lack of political will. Our state is still working on the grand bargaining plan, and with hope can come together even in the last minute that will help the economy grow. It’s gone over with 30 changes to it, but still not enough reforms and our Governor Bruce Rauner wants to continue to try and make it better. The Senate had been expected to vote on it this last week, but no votes have happened for it in weeks.
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