Civic Federation Releases Budget Roadmap

Mar 3, 2014

The analysis of the State of Illinois’ fiscal condition comes before the release of Governor Pat Quinn's annual budget recommendation.

The report reviews Quinn’s three-year budget projection and proposes its own five-year plan. The Civic Federation’s proposal would pay down the state’s $5.4 billion backlog of unpaid bills while gradually reducing income tax rates by 20%.

Among the ideas, the report calls for taxing pension and social security income.