Capital

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Editorial: State denial

This editorial about the options Illinois has to balance its budget focuses on recommendations made by the Civic Federation in its “Fiscal Rehabilitation Plan for the State of Illinois.”

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Big State, Big Cuts, Little Room

The Civic Federation is quoted in this article that details the challenges facing Illinois government agencies in their efforts to reduce expenditures to help the State balance its budget.

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Update on State Borrowing

The Civic Federation recently released its analysis of Governor Pat Quinn’s recommended FY2011 operating and capital budgets for the State of Illinois. One of the Federation’s…

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Civic Federation Opposes Unbalanced $52 Billion FY2011 Illinois Budget

Spending Plan Would Make Fiscal Crisis Worse (CHICAGO) The Civic Federation’s Institute for Illinois’ Fiscal Sustainability released today its analysis of Governor Quinn’s recommended FY2011 State of Illinois budget. The Federation…

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State of Illinois FY2011 Recommended Operating and Capital Budgets: Analysis and Recommendations

The Civic Federation opposes Governor Pat Quinn’s $52 billion FY2011 recommended operating budget for the State of Illinois because it is unbalanced and does too little to address the State’s fiscal crisis. The Governor’s recommended…

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Recovery Not Enough to Solve State's Fiscal Crisis

Although some national economic indicators suggest that the global recession, which began in December 2007, is showing signs of a gradual recovery, many state budgets are more stressed…

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Despite Operating Deficit Capital Spending Still Growing

Although the proposed FY2011operating budget for the State of Illinois, which includes a $4.7 billion annual deficit and carrying forward $6 billion in…

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A Fiscal Rehabilitation Plan for the State of Illinois

An Analysis of the State’s Fiscal Crisis and Actionable Recommendations for Governor Pat Quinn and the Illinois General Assembly Please visit the Illinois Fiscal Rehabilitation Plan web…

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Civic Federation Sends Illinois Into Fiscal Rehab

Proposes Comprehensive Package to Address State Budget Crisis Please visit the Illinois Fiscal Rehabilitation Plan web page for a comprehensive look at the report. CHICAGO – The Civic…

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Study puts state budget hole at $12.8 billion

This article discusses the Institute for Illinois’ Fiscal Sustainability at the Civic Federation’s finding that the Illinois two-year budget deficit will reach at least $12.8 billion by the end of FY2010 as a result of the loss of tax…