Spending Limits

Government
7:21 am
Fri March 30, 2012

Illinois House Approves Austere Spending Limits

Virtually all parts of state government would be forced to cut spending under a budget outline approved by the Illinois House.  The measure requires cutting Medicaid by $2.7 billion, or about 14 percent. Spending on services from schools to prisons would fall by about $900 million.  The House approved it 91-16 yesterday. Now it goes to the state Senate.  The measure calls for paying about $1.3 billion in overdue bills, or about 16 percent of the backlog.  It also increases the state's annual contribution to government retirement systems.  Democratic Rep.