{"id":2368360,"date":"2024-11-13T09:07:59","date_gmt":"2024-11-13T14:07:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-raise-concerns-about-illinois-budget-projections-showing-major-deficits-washington-examiner\/"},"modified":"2024-11-13T09:09:35","modified_gmt":"2024-11-13T14:09:35","slug":"republicans-raise-concerns-about-illinois-budget-projections-showing-major-deficits-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-raise-concerns-about-illinois-budget-projections-showing-major-deficits-washington-examiner\/","title":{"rendered":"Republicans raise concerns about Illinois\u2019 budget projections showing major deficits &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frepublicans-raise-concerns-about-illinois-budget-projections-showing-major-deficits-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2368360&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/texas-advocate-calls-on-state-to-protect-unaccompanied-minors-texas-children-washington-examiner\/\" title=\"Texas advocate calls on state to protect unaccompanied minors, Texas children - Washington Examiner\">article discusses growing concerns<\/a> \u2062among Senate Republicans in Illinois regarding \u2063budget projections indicating significant deficits in the state&#8217;s \u2064financial\u200d future. A report from the Governor\u2019s Office of Management and Budget forecasts that Illinois could spend $63 billion by 2030, resulting in an \u200cannual deficit of $5 billion, despite \u2062recent tax increases expected to \u200cboost revenue by about \u200c$800 million annually. Governor J.B. Pritzker disputes these projections, asserting that they have\u2064 been consistently incorrect in previous years and expressing confidence that he will submit a balanced budget\u2063 to the General Assembly, as\u200c he has done for the past six years.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Republicans raise concerns about Illinois&rsquo; budget projections showing major deficits<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1878835\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>(The Center Square) &ndash;&nbsp;A <a href=\"https:\/\/amzn.to\/3YuVZYV\">report forecasting major budget deficits<\/a> for the state of Illinois is getting the attention of Senate Republicans.&nbsp;&nbsp;<\/p>\n<div class=\"article-paywall\">\n<p>Earlier this month, the Governor&rsquo;s Office of Management and Budget&nbsp;<strong><a href=\"https:\/\/www.thecentersquare.com\/illinois\/article_184cb586-9af1-11ef-86df-a7452e76a7ce.html\" target=\"_blank\" rel=\"noreferrer noopener\">released<\/a><\/strong>&nbsp;a five-year projection that shows the state spending $63 billion by 2030, creating an annual $5 billion deficit. In 2020, the state budget was just $40 billion.&nbsp;&nbsp;<\/p>\n<p>The projected deficits are despite <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/these-biden-tax-hikes-just-took-effect\/\" title=\"These Biden Tax Hikes just took effect\">tax increases passed<\/a> during the spring legislative session which were projected to increase tax revenues by about $800 million annually.&nbsp;<\/p>\n<p>Last week, Gov. J.B. Pritzker said he doesn&rsquo;t agree with the projections.<\/p>\n<p>&ldquo;It&rsquo;s been wrong every year you might say and we&rsquo;ve defeated it every year,&rdquo; said Pritzker. &ldquo;I think we are going to submit a budget to the General Assembly in February like I have every year for the past six years and it will be balanced.&rdquo;&nbsp;<\/p>\n<p>The management and budget office&rsquo;s report shows projected spending increases on healthcare, education and government services. Revenues are also expected to slow down as the Federal Reserve lowers interest rates, thus negatively impacting the state&rsquo;s investment income.<\/p>\n<p>During a news conference Tuesday, state Sen. Sally Turner, R-Beason, said the governor and his allies are out of touch as they spend billions on non-citizen programs.<\/p>\n<p>&ldquo;Not only do our citizens have to pay for their own health care, they also have to pay taxes to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/l-a-housing-officials-enjoy-hefty-pay-amid-homeless-crisis\/\" title=\"L.A. housing officials enjoy hefty pay amid homeless crisis\">give free health care<\/a> to people who are here illegally, people who have been invited to come here with his sanctuary policies,&rdquo; said Turner.&nbsp;<\/p>\n<p>Some of the recommendations the office of management and budget provided include &nbsp;implementing spending controls, and investing in education and economic development.<\/p>\n<p>State Sen. Chapin Rose, R-Mahomet, said Pritzker needs to stop running around the country campaigning for president and take care of matters here at home.&nbsp;<\/p>\n<p>&ldquo;People are tapped out, Gov. Pritzker, they don&rsquo;t have more to give,&rdquo; said Rose. &ldquo;So whatever you do this budget year, it needs to be done without increasing taxes on the working people of Illinois.&rdquo;&nbsp;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1878835\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1878835\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republicans express worries over Illinois&#8217; budget deficit forecasts<\/p>\n","protected":false},"author":1,"featured_media":2368361,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/04\/AP23293582244211-1-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[44931,6413,44932,3756,32076],"class_list":["post-2368360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-budget-projections","tag-illinois","tag-major-deficits","tag-republicans","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/04\/AP23293582244211-1-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2368360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2368360"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2368360\/revisions"}],"predecessor-version":[{"id":2368364,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2368360\/revisions\/2368364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2368361"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2368360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2368360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2368360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}