IIFS Blog Archive: May 2010
05.24.10
Illinois Lawmakers Propose $1.3 Billion in State Budget Cuts
As the General Assembly nears the final days of this year’s regular session with no FY2011 budget in sight, a group of lawmakers is attempting to advance the negotiations by proposing a $1.3 billion package of spending reductions and savings.
05.20.10
Update on Governor’s Proposal to Reduce State’s Costs for Retiree Healthcare
Governor Pat Quinn and his Department of Healthcare and Family Services (HFS) appear to have different estimates of how much the State would save under the Governor’s proposal to require all state retirees to pay a share of their health insurance premiums. In announcing the Governor’s...
05.18.10
State Budget Update: Deficit Still $12.8 Billion
Despite the General Assembly’s goal to pass a budget for FY2011 and adjourn by May 7, 2010, legislators headed home after the session ended with no budget and no clear path out of the State’s current woeful financial situation. Although multiple appropriations bills, revenue bills,...
05.04.10
Quinn Administration Retools Proposal to Increase State Retirees’ Health Premiums
In response to opposition from state lawmakers, Governor Pat Quinn’s administration has scrapped a proposal to reduce state costs by $254.5 million in FY2011 by requiring all retirees to contribute to their health insurance premiums. Instead, state officials are considering alternatives that...