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Bittersweet budget outlook

Mon, 08 Oct 2012 04:19:49 CDT
By: IPR

A new report says Illinois' budget outlook is a mixed bag. The Civic Federation is a Chicago group that spends its time analyzing government budgets. Its report out today breaks down the latest Illinois budget, which was approved earlier this year, and for every bit of good news, there's also some bad. So even though the state's backlog of bills is going down, the Civic Federation's Laurence Msall says Illinois still owes more than 7 billion dollars:

   

"That's not a good number for anybody who's owed payment by the state of Illinois."

Msall also offers praise to legislators for making Medicaid cuts, but criticizes them for not dealing with the ever-growing, continually underfunded pensions system:

   

"Until that is resolved, there is no way to look at any other priorities of state government."
Legislative leaders say they won't deal with the pensions issue until after the November election.

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