Without reforms that level the playing field between the public and private sectors, the cost of Illinois’ public sector workers will continue to damage the state’s labor market, economy and taxpayers.View Report
State senators voted to approve the 1,245-page budget just hours after it was made public.
Every budget through 2023 will likely be unbalanced as well.
About two-thirds of state revenue comes from income and sales taxes.
Fiscal mismanagement by Illinois politicians has resulted in mounting deficits that are hurting the state’s economy, leading to ever-higher taxes, and driving people and their income out of the state.