It concluded Illinois’ finances are in such bad shape it will take a multipronged approach to fix it.
State Comptroller Judy Baar Topinka says the state still has a backlog of bills worth $8 billion.
Governor Quinn cut $57-milliond from the Department of Corrections and facilities for the developmentally disabled and mentally ill.
Todd Maisch of the Illinois Chamber of Commerce says lawmakers can’t continue to avoid making tough decisions.
Pat Quinn’s spokeswoman says cuts are needed, due to fiscal challenges created by decades of mismanagement.
Now, the governor is asking everyone to cut 9 percent from their budgets.
Gov. Pat Quinn made clear Wednesday that he fears Illinois is on the verge of a financial meltdown
Topinka said. “I don’t want pie in the sky. I don’t want to hear about all sorts of new programs that are going to cost the state money when we can’t pay for old programs.”
Governor Pat Quinn says it’s too soon to talk about that scenario and he’s is dealing with the budget one year at a time.
“We are at a point in this state, in order to literally survive financially and get our heads above water.”