Quinn's Big Cuts Amount to a Mere $8 Per Citizen

From the Illinois Policy Institute…

Over the past week, there has been a lot of news coverage of the line item vetos Gov. Quinn made before signing the budget. Many have mischaracterized this budget as one that is austere.

As we’ve said before that is not the case and these additional “cuts” the governor made don’t change that assessment.

The cuts are minimal at best. The actual cuts equate to only $8 per person and still are not enough to allow for the scheduled sunset of the tax hikes.

To learn more, check out the latest in our portfolio of budget work.

Amanda Griffin-Johnson
Senior Tax and Budget Policy Analyst
Illinois Policy Institute

Institute Headlines and Events

  • VIDEO: Why economic freedom is key to improving quality of life. This new video has been earning a lot of popularity over the last week. Check it out and share it with your friends.
  • VIDEO: John Tillman discusses Quinn's fake "cuts" on Chicago Tonight. Budget gimmickry in Springfield is being passed off as genuine fiscal restraint.
  • Where Daily Life and Policy Meet: Alternatives to ObamaCare. Christie Herrera of the American Legislative Exchange Council joins Kristina Rasmussen to discuss alternatives to ObamaCare's heavy-handed approach to health care reform. Subscribe to the Daily Life podcast on iTunes.
  • Adopt-A-District training events in Peoria (July 21) and Rockford (July 26). Our elected officials desperately need input from citizens and taxpayers to bring balance to the policy decisions they make every day. Learn how to make a bigger impact with your local legislators.
  • SAVE THE DATE: Milton Friedman Day Policy Breakfast on July 29

Comments

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  • I agree that Quinn only made a slight trim.

    What is also missed (and I commented on such in Chicago Political Commentary) the House Republicans, whose budget apparently was passed, only claimed that the budget was limited to revenue expected for FY 2011--not mentioning that that revenue included the income tax hike--and if revenues exceeded that, those revenues would be applied to the backlog. In short, despite the tax increase, nothing was done to the backlog. The supposed $8 billion backlog has to be compared to a $31 billion budget for the year.

    So, unless someone has given us a way to increase productive economic activity in Illinois, and no one has, not even the House Republican plan will allow the proposed sunset of the tax hikes.

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