July 7, 2017
In the following news pieces, Civic Federation President Laurence Msall discusses details of the State of Illinois’ FY2018 budget plan and the impact the budget will have on the State’s finances. He says that the enactment of the State’s FY2018 budget is a great step in the right direction but will not fully end Illinois’ long-term financial crisis.
The Wall Street Journal: Illinois Budget Deal Would Leave Many Problems Unaddressed
Crain's Chicago Business: Who's telling the truth on the state budget?
Chicago Tribune: Illinois' financial challenges remain despite income tax increase
WTTW Chicago Tonight (Civic Federation interview starts at 3:45 mark): State Budget Passes. Now What?
The 21st Radio Talk Show (Civic Federation interview starts at 1:48 mark): Illinois House of Representatives Gear Up to Pass State Budget, Override Rauner’s Veto
Crain's Chicago Business: State budget deal contains a junk-free sweetener for Chicago
Pensions and Investments: Illinois budget implements pension reforms for certain state, Chicago plans
WBEZ Morning Shift: Illinois Budget: Which Fiscal Woes Would It Actually Fix?