 "First and foremost, Illinois needs to reduce spending to help
bridge the budget gap. Spending reductions have to be a priority," Bomke said.
On top of a $7 billion tax increase and a $4 billion pension
borrowing plan, Quinn has requested borrowing an additional $8.75
billion.
Bomke notes that the borrowed money will be used to increase
state spending by $1.7 billion but will still leave the proposed
budget spending more than it has. The budget spends $35.4 billion
but takes in only $33.9 billion.
"I was pleased to hear that the governor is willing to address
workers' comp reform," Bomke said.
While Bomke says Quinn's efforts to cut around $1 billion are
commendable, the governor has yet to address the things that
contribute most to state spending, including state pensions and
health insurance.
"There is still a great deal to be done to get Illinois back on
the road to fiscal health," Bomke said.
[Text from file sent on behalf of
Sen.
Larry Bomke by Illinois
Senate Republican staff] |
