Illinois Deficit Will Be Larger Than Expected

SPRINGFIELD, Ill. —  Illinois faces a more-than $3 billion deficit in its next budget year according to estimates from Gov. J.B. Pritzker’s administration.

 

Estimates are that the June 2020 shortfall will be 16 percent higher than former Gov. Bruce Rauner’s administration estimated without more revenue or cuts.

 

Pritzker will propose his first budget in less than two weeks.

Democrats have virtually controlled the entire budget process since approving an income-tax increase in July 2017 over Rauner’s objections.