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 Veto Message for
SB 2040
To the Honorable Members of
The Illinois Senate,
99th General Assembly:
Today I veto Senate Bill 2040 from the 99th General Assembly.
Earlier this summer the General Assembly passed, and I vetoed, an
unbalanced and unconstitutional budget, which would have spent
nearly $4 billion more than expected revenues. For too long, the
State of Illinois has made spending promises that exceed available
revenues, relied on accounting gimmicks to make budgets appear
balanced, used borrowing and cost deferral strategies to push costs
into the future, and delayed payments to vendors. These practices
have generated backlogs of unpaid bills, a crushing debt burden, and
the worst credit rating of any state.
Senate Bill 2040 would have continued these bad practices for
another month. Instead, we need a full year, balanced budget that
makes only the promises we can afford to keep.
Therefore, pursuant to Section 9(b) of Article IV of the Illinois
Constitution of 1970, I hereby return Senate Bill 2040, “AN ACT
concerning appropriations”, with the foregoing objections, vetoed in
its entirety.
Sincerely,
Bruce Rauner
GOVERNOR |
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