Lawmakers To Discuss House Plan To Fill Budget Hole

Mar 24, 2015

Lawmakers are scheduled to consider a new plan introduced by House Speaker Michael Madigan to end weeks of negotiations over plugging a $1.6 billion hole in this year's state budget.

The Legislature faces a fast-approaching deadline to act as money runs out for
subsidized childcare programs, prisons and court reporters.
 
 The Chicago Democrat introduced the plan late Monday. It would authorize
Republican Gov. Bruce Rauner to transfer $1.3 billion from other purposes,
including parks and conservation. The rest would come from a 2.25 percent
across-the-board budget cut.
 
 Rauner has said for weeks that lawmakers were close to agreeing on a solution.
But Senate Democrats disagreed, insisting that Rauner first commit to
considering new revenue sources for next year's budget.

The plan will be presented in committee hearings Tuesday morning.