Tuesday, December 8, 2009

McKenna announces Illinois finance plan

.illinois_governor_mckenna ... 

Republican candidate for governor Andy McKenna on Tuesday proposed dramatically cutting state spending to rescue Illinois' finances without an income tax increase.
Chicago businessman McKenna said the state should cut spending to 2006 levels, amounting to about a 20 percent drop. That could mean big cuts to state government while only addressing about half of the budget deficit…. likely would need to remain frozen there for three or four years so the state can dig out of "a real deep hole

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