• Have at it in comments. Thanks.
* From a Quinn press release…
The budget also includes more than $2 billion in proposed cuts, including a deep reduction in education funding. In his budget address, Governor Quinn called on the General Assembly to rescue education from devastating cuts by passing a one-percent income tax surcharge for education. The surcharge for education would restore the education budget to its current level.
“If we enact this emergency rescue plan promptly, we can keep thousands of committed teachers from getting layoff notices,” Governor Quinn said.
Listen live here.
* I’m told that the one point tax surcharge would bring in somewhere between $2.8 and $3 billion. Wish I knew that when I was on live TV and was asked the question cold.
Speaker madigan just said the people don’t want to hear about tax increases.