FY16 Budget Crisis
· Budget stalemate continues in Springfield. As the State of Illinois entered the fourth week of the new fiscal year without a balanced budget in place, the Democrat majority again refused to negotiate in good faith and instead continued their piece-meal approach to the budget crisis.
In the House, Democrats again backed a temporary budget to fund certain services at a level that is not sustainable over the course of the entire fiscal year. House Amendment 1 to HB 4143 was adopted by a narrow majority of Democrats, but did not receive enough votes to be passed on Third Reading and was therefore held for future consideration.
The Democrat majority continues to insist on spending levels that are unsustainable. The Governor’s Office of Management and Budget believes this plan will ultimately require the expenditure of over $36 billion of GRF taxpayer resources for FY16. The Democrats’ bills march the taxpayers of Illinois toward a $4 billion unbalanced budget one month at a time.
House Republicans continue to stand united in our support for a truly balanced budget that protects the interests of taxpayers, working families and seniors.