Tax Foundation
National Press Building
529 14th Street, NW
Suite 420
Washington, DC 20045-1000
202.464.6200
December 31, 2008
State Budgets: Illinois Budget in Crisis as Governor Clings to Office
by Joseph Henchman
Embattled Gov. Rod Blagojevich (D) pulled a "Washington Monument" stunt in August when he announced the closure of 12 state historic sites and seven parks to save $2 million, along with layoffs in the Department of Children and Family Services and other agencies (including 85 state employees fired over Thanksgiving weekend). The effort, ostensibly to help close a $2 billion shortfall in the state's $49 billion budget, has actually led to some closures but the state's budget shortfall remains. The state is also increasingly having trouble paying its bills. Observers seem to think that a solution must wait for the eventual swearing in of Lt. Gov. Pat Quinn (D).
More on Illinois here.
The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.

Monthly Archives
Disclaimer: All views expressed on the Tax Foundation’s Tax Policy Blog are those of the individual authors, and do not necessarily represent the views of the Tax Foundation, its Board of Directors, or its financial contributors. The Tax Foundation makes no representation concerning the views expressed, and does not guarantee the source, originality, accuracy, completeness or reliability of any statement, information, data, finding, interpretation, advice, opinion, or view presented.