* Capitol News Illinois…
Gov. JB Pritzker said Monday that Illinois faces the prospect of having to make deep spending cuts over the rest of the fiscal year if Congress does not pass an economic relief package that helps states make up for the massive loss in revenue they’ve seen since the start of the COVID-19 pandemic.
“I continue to do my part to make calls, to make sure that people understand that Republican-led states and Democratic-led states all have this challenge of revenues that fell off a cliff because of COVID-19,” Pritzker said during a news conference in Springfield. […]
Without federal aid, however, Pritzker said Monday that there will be significant cuts and job layoffs in Illinois and throughout the country.
“But this is going to be up to the Congress. They’re the ones who have the ability to help us and to help all 50 states with the challenge we all have. But there are going to be layoffs across the country, not just related to state government, but when you don’t fund state and local governments you’re going to see, and you’ve already seen to some degree, layoffs,” Pritzker said. “Not to mention those who provide services to state and local governments, private companies whose contracts no doubt will be put aside because the money isn’t flowing, because we don’t have the ability to balance the budget in the way that we had originally intended to.”
There’s a raging debate in this country about whether to “defund the police” (and about what that phrase even means). Well, if the federal government doesn’t step in, lots of states and local governments are gonna have to make cuts, and those cuts will almost definitely include first responders. So, the same DC people arguing against defunding the coppers will actually accomplish that very goal through inaction. Funny how that works.
According to data collected by the Urban Institute’s State and Local Finance Initiative, from March to May, Illinois’ tax revenue was down 23% compared to last year, or a total of $1.1 billion. That percentage is 6 points better than the 29% average across the country.
Texas revenues were off by 29 percent in the same period. Florida’s were down by 26 percent, Arizona’s dropped 27 percent and Indiana’s decreased by 23 percent, the same as Illinois.