IL lawmakers reach no conclusions budget impasse

Illinois is facing a third day of the special session called to establish a spending plan.

The state is facing its third year without a budget, and, despite schools insisting they don’t have enough money to operate through the school year and Illinois Department of Transportation threatening to halt operations effective July1, lawmakers have yet to reach a final decision.

In the first two days of the special session, lawmakers kept meetings brief and proceeded to vote to rename a number of streets and establish June as Immigrant Heritage Month.

House Speaker Michael Madigan said he’s holding open meetings related to property tax freezes, one of Governor Bruce Rauner’s requests, but has not said anything about worker’s compensation changes or pension reform, the governor’s other requests.

The state’s credit rating will drop to “junk” status if a budget is not passed for Fiscal year 2017.

 

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