United States Office of Management and Budget

Budget Solutions 2019: The responsible budget for Illinois

By Orphe Divounguy, Bryce Hill, Joe Tabor
02/06/2018
Even after a 32 percent income tax hike, the Illinois General Assembly passed a state budget in 2017 that will generate an estimated $1.5 billion deficit in fiscal year 2018. That deficit is projected to grow to $2.15 billion in fiscal year 2019, according to the Governor’s Office of Management and Budget, or GOMB. The...

SPECIAL REPORT: Why Illinois needs a spending cap

By Orphe Divounguy, Bryce Hill, Joe Tabor
02/06/2018
Spending has consistently outpaced state tax revenues in Illinois for more than a decade. To avoid future tax hikes, Illinois must impose real fiscal discipline on state lawmakers.