A new budget plan released by two Illinois senators proposes to solve the state’s budget crisis without hiking taxes on Illinoisans.
State Sens. Kyle McCarter, R-Lebanon, and Dan McConchie, R-Hawthorn Woods, released a plan April 4 called the “Taxpayer Bargain,” which relies on spending reforms to close the current budget gap. The Taxpayer Bargain calls for a balanced budget and a spending cap with no new taxes or tax increases.
Spending reforms through a no-tax-hike budget is what Illinoisans need and want. Recent polls find most Illinoisans oppose tax hikes, preferring spending reforms instead.
McCarter and McConchie’s plan is in stark contrast to the most recent “Grand Bargain” proposal from Senate President John Cullerton, D-Chicago, and Senate Minority leader Christine Radogno, R-Lemont, which calls for $5 billion to $7 billion tax hikes and fees. The Grand Bargain plan is no more than a taxpayer bailout of Springfield’s failures.
The Taxpayer Bargain finally shifts the budget conversation in favor of taxpayers over politicians.