If you thought that Illinois government might get a tiny breather after raising income taxes, think again.
The Illinois House's new revenue projection for next fiscal year, which begins in July, is $759 million lower than the governor's. And the House's forecast is also $2.2 billion below Governor Pat Quinn's projected spending for the coming fiscal year.
Quinn's proposed budget was whacked last month by Democrats and Republicans alike for its brutal slashing of several human-service programs. But even with those Quinn cuts, if the House revenue forecast is used in the final product, they'll still have to find $2.2 billion in additional spending reductions.
The bad news doesn't end there. According to some revised numbers issued by the auditor general this past Friday, next year's required state pension payment, including debt service, will be $6.2 billion.
"Is it weird that I'm kind of glad to have Judy Baar Topinka back?" a Democratic friend of mine asked me the other day.






