Quinn considers $2 Billion in Budget Cuts

(AP) -- Gov. Pat Quinn is considering cutting $2.2 billion from next year's budget, but that would still leave Illinois with a nearly $11.5 billion deficit.

That's according to preliminary budget information released Wednesday by Quinn's office.

The whopping deficit would include making about $4 billion in pension payments next year to the state's underfunded retirement plans.

The early budget documents from Quinn's office don't include the income tax increase Quinn still supports. Instead, it relies on improved income and sales tax collections.

Quinn's budget office launched a Web site Wednesday that lets people get a close-up look at the state's finances.

The Web site comes as the Democratic governor is under pressure to detail how he'll fix the state's finances in his March 10 budget address to lawmakers.


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