Thursday, March 15, 2012

Ill. budget proposal raises complex questions

Democratic legislators are on the verge of passing a state budget that would patch over a $13 billion deficit. Critics call it a farce that digs the state further into debt. Even supporters admit it doesn't fix the state's long-term problems.

Here's a look at what the budget would do to state finances, government services and taxpayers' wallets:

Q: Would the budget be balanced?

A: Not really. It's built on borrowing money and leaving bills unpaid. Advocates say it will keep the doors of government open for another year, but they don't claim it resolves the worst budget crisis in Illinois history.

Q: What kind of borrowing?

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