The Civic Federation’s Institute for Illinois Fiscal Sustainability, a MacArthur grantee, is warning Illinois against using revenue from extending the 2011 temporary income tax increase for new spending, according to its recent analysis of the 2015 budget proposed by Illinois Governor Pat Quinn. The report calls on the state to use any increased revenue generated in the budget to stabilize state finances by significantly reducing the massive backlog of unpaid bills.

Improving the Nation’s Fiscal Future, Policy Research, Chicago, Policy, Research, United States