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Fox 32 Sunday with Mike Flannery

Posted on June 17, 2014

Fox Chicago

In this clip Civic Federation President Laurence Msall discusses the FY2015 Budget passed by Illinois legislators May 30. The budget does not provide funding for a full fiscal year, and relies on borrowing and shifting revenue from FY2014 to cover operations expenses. The State’s backlog of unpaid bills, which has dropped to $5.4 billion from $8.8 billion in FY2012, is expected to increase under this budget.