FY16 Budget - It's a Fake!
on Tuesday, June 02, 2015
Illinois is estimated to bring in $32 billion next year, and the Democrats proposed budget would spend over $36 billion. The proposed spending is 12% higher than projected revenue and would push the state’s backlog of bills to over $10 billion, equaling 30% of our total revenue. The Democrats budget gives false hope to those who rely on state services and is an outright lie to schools, service providers and the state’s most vulnerable.
With locked-in increases intended to cover higher costs for Medicaid expenses, pension contributions, and other mandated and constitutional responsibilities, the House Democrats’ FY16 budget calls for spending more than $36 billion. House Republican members rejected the unconstitutional budget; calling upon the majority to change course and come back to the negotiating table so that a responsible, bipartisan budget with structural reforms can be agreed to. On party-line votes, the Democrats’ spending bills were approved by the Illinois House and Senate.