Republican Legislators Present Compromise Balanced Budget Plan
Today some Senate Republican lawmakers joined several of their House colleagues on June 14 to introduce a package of bills to end the budget impasse. The bills represent a compromise balanced budget and reforms that address the priorities of both parties, and the lawmakers urged the General Assembly to return to Springfield to vote on this proposal.
* Click here for more information on the "Capitol Compromise."
“Time is running out before the fiscal year ends, and we must act now! Where is the sense of urgency with Speaker Madigan to end this stalemate? Lawmakers should be in Springfield working around the clock until our job is finished. This comprehensive budget package with structural reforms that we are proposing today is the path forward to breaking the budget impasse,” said Durkin.
The comprehensive proposal includes a truly balanced budget, a four-year hard spending cap, lasting property tax relief, and changes to our regulatory system that will create jobs and grow the economy. The bills also include a $250 million increase for the new school funding formula, and fulfilling commitments to restore child care eligibility to 185% of the federal poverty level and a wage increase to Direct Support Professionals. It also includes term limits on legislative leaders and constitutional officers.
"These proposals continue the important work already done in the Senate, where we'd seen significant progress on these issues. I am confident there is still an opportunity for bipartisan compromise on a balanced budget, as well as the critical reforms that will bring a much-needed economic boost to our state," said State Senator Karen McConnaughay. "We need to act expediently to get Illinois back on a path to fiscal stability and security."
The summary of the bills are as follows:
Budget Bill: Comprehensive budget proposal that includes real spending cuts and a four-year spending cap, while providing funding to state agencies like the Department of Human Services to care for our state’s most vulnerable and the Department of Transportation to continue important infrastructure projects.
Property Tax Relief: Four-year freeze for all taxing districts, but would allow residents, through voter referendum, to lower or increase their taxes. Allows for an exemption on existing debt service payments as requested by Senate Democrats.
Local Government Consolidation: Strengthens and improves the already passed SB 3, and will allow for citizens-initiated consolidation on units of local government.
Education Funding: Changes to the K-12 education funding formula that treats every district equitably that is consistent with the bipartisan framework of the Governor’s School Funding Commission. Funding for early childhood education, K-12 education, community colleges and universities.
Workers’ Comp: Uses previously negotiated language between Senate GOP and Senate Democrats, like changes to the medical fee schedule, but does not reduce benefits to workers or include a causation standard.
Pension Reform: Accepts SB 16, which has previously passed the Senate, including President Cullerton’s consideration model and the state’s pickup of Chicago Public School’s pension payments.
Term Limits: Constitutional amendment to impose 10-year term limits on legislative leaders in the General Assembly and eight-year limit on Constitutional Officers (Governor, Lt. Governor, Attorney General, Comptroller, Treasurer, and Secretary of State)
“We all agree that we need to fix our broken school funding formula right now," said State Senator Jason Barickman. "This legislation contains much of the priorities Democrats advanced in Senate Bill 1, provides meaningful help for Chicago, ensures that no districts lose money, and treats all of our schools fairly and equitably under the evidence based model."
“Passing an unbalanced budget like the Senate Democrats did and the House Democrats choosing to not even take up a budget is beyond unacceptable and a complete failure from the majority party,” State Sen. Dale Righter said. “We must return to Springfield, put party differences aside, work together, and pass an actual budget that is not only balanced, but moves Illinois forward economically and fiscally. The fact we need 3/5 vote now to pass a budget is a good thing in that it forces Democrats to finally work with Republicans in complete good faith to pass a true and real balanced budget – one that is good for schools, social services, and taxpayers.”
“The comprehensive balanced budget we are offering today will provide care for our state’s most vulnerable citizens,” said Deputy Republican Leader Patti Bellock. “With last week’s court ruling on the $2 billion backlog of unpaid Medicaid bills, it is critically important we take immediate action to address this backlog. Our plan includes more than $4 billion in bonding to help pay off old bills. We must address this crisis now. The consequences of not taking action now would be devastating to human services.”
“Our plan will allow for citizens-initiated consolidation of units of local government,” State Rep. Tom Demmer said. “Our nearly 7,000 units of local government contribute to why Illinois residents pay some of the highest local government taxes in the nation, including the 2nd highest in property taxes. On pension reform, we accept Senate Bill 16, which has previously passed the Senate and includes President Cullerton’s consideration model. Pension reform and local government consolidation will save taxpayers billions of dollars.”