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Solutions to budget crises focus of 3/17 breakfast

• By MarySue Barrett
• Mar 11, 2011

At every level of government, the “B-word” is getting a lot of use these days – and it’s usually followed closely by the “C-word.” Budget crisis. Or rather crises: at the city, state and federal levels, the mandate is to tighten belts without losing momentum on…

How would you balance the state's $13 billion budget gap, Gov. Quinn wants to know

• By Chrissy Mancini Nichols
• Feb 25, 2010

Gov. Quinn wants to know how you would close the state's $13.5 billion fiscal year 2011 budget gap. Yesterday, the governor unveiled a new web site asking citizens for ideas on where to make budget cuts to close the deficit. He also outlined $2 billion in proposed fiscal year 2011 cuts, including…

Civic Federation calls for income tax hike, as state misses payments to transit agencies, universities

• By Chrissy Mancini Nichols
• Feb 22, 2010

Today the business-oriented Civic Federation surprised many with a report calling for raising the Illinois income tax from 3 to 5 percent for individuals and from 4.8 to 6.4 percent for corporations and repealing the income tax exemption for federally taxed portions of retirement and Social…

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