State’s revenue picture improves as economy recovers – Capitol News IL

That's good news for state lawmakers trying to finalize the budget before their scheduled adjournment day on May 31, but it still was not enough to completely close the looming deficit in next year’s budget. Said House Majority Leader Greg Harris, “The choices are really clear. We're either going to have to find ways to cut to fill that hole, or we're going to have to review the proposals that the governor made to close corporate tax loopholes on wealthy individuals and corporations. Some mix of those will be required.”