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Details on Illinois Budget Proposal Forthcoming

By Angela Hatton

Springfield, IL – Details are expected tonight on Illinois Governor Pat Quinn's budget proposal. Quinn's official budget speech isn't until Wednesday, but the administration has already talked about some of the spending cuts and borrowing that Quinn believes will be needed to balance the budget. The governor's office has been closed lipped about the tax increase that Quinn wants. Last year, Quinn proposed raising the basic tax level by 50 percent. That failed in the Legislature and lawmakers show little interest in discussing the idea again during an election year. Illinois's deficit continues to climb and experts predict it will top $13 billion in the coming fiscal year.