A Fiscal Rehabilitation Plan for the State of Illinois
February 22, 2010
An Analysis of the State’s Fiscal Crisis and Actionable Recommendations for Governor Pat Quinn and the Illinois General Assembly
This report describes the basis of the State of Illinois’ fiscal crisis and presents the Civic Federation’s plan for rehabilitating the State’s finances. The plan proposes measures to substantially reduce the current budget deficit in FY2011 and to place the State on better fiscal footing over the long term through fundamental reforms of expenditures and revenues.