Senator Brady says Governor Pat Quinn’s budget plan for the coming fiscal year will continue deficits and deficit spending for years to come and leave the state in even worse financial shape. Part of the Governor’s plan also includes new borrowing, which the 44th District Senator also opposes.
“One of the bigger problems is that more borrowing continues to dig a deeper hole, putting the burden squarely on the backs of our children and grandchildren,” Senator Brady said. “Frankly, a preponderance of the interest payments would go to support other economies outside the state of Illinois. It’s a false promise and a promise that would further erode the job climate in Illinois.”
The 44th District Senator says a lack of long-range planning is just one example of failed leadership that has precipitated the state’s fiscal crisis.
“Governor Quinn misled the people in several ways. One is his tax increase. Although his budget director told New York they needed a 2 percent tax increase, he pledged not to raise it more than 1 percent. Then he turned his back on the people of Illinois by raising the tax two percent, taking from them the equivalent of a week’s pay,” Senator Brady said. “I called for more cuts. Governor Quinn called for cuts, but we can see that he asked for and was authorized a 10 percent increase in spending this year. He’s not serious about tackling the problems of state spending.
Details of the Senate Republican budget plan can be found online at http://www.illinoisrealitycheck.com/.