In the final hours of the spring legislative session the Illinois Senate passed a budget package for FY15 that State Senator Bill Brady (R-Bloomington) says relies on revenue that does not exist.
Following the vote Brady noted, “We need real revenue, which comes from fostering job growth through lower taxes and reduced regulation on the state’s job creators. For the time being we have thwarted attempts by the Governor and Democratic leaders to further destroy our economy and hurt Illinois families by raising taxes, which would have only made our already 3rd worst in the nation unemployment rate worse.”
“At the end of the day we watched the Democrats pass a budget using Blajogevich-era tactics that rely on revenue that simply does not exist. They are playing games with your hard earned dollars and that is unacceptable,” said Brady. “The reality is while a budget was passed today, the budget debate isn’t really over. This budget won’t truly be resolved until we learn to live within our means.”
According to Brady the FY 15 budget spends $35.4 billion “Each spring we watch the Democrats create a budget and push it through the legislature at the last possible minute. Every year that budget passes out pork to special projects and fails to address the fundamental instabilities in Illinois’ fiscal foundation. This year is no exception.”