Posts tagged: Budget

Think Tank, State Reps Propose Budget Solutions 2018 Plan to Close $7.1 Billion Deficit

Written by the Chicago City Wire

The Illinois Policy Institute is proposing a budget conservative group leaders contend would put an end to the state’s nearly two-year impasse, closing a $7.1 billion deficit without adding any new taxes.

The Budget Solutions 2018 plan calls for comprehensive property tax reform — which Illinois Policy Institute execs insist amounts to $3.4 billion in savings — by taking simple steps like freezing property taxes over the next five years and putting an end to state subsidies and mandates that, the group argues, needlessly drive up the cost of government.

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Modified by Matthew Medlen.com