On February 22, 2012, Governor Pat Quinn presented his administration’s fourth annual budget for the State of Illinois. The Governor’s FY2013 budget address to the General Assembly focused on the difficult financial challenges facing the State and the critical need to reduce Medicaid costs and unfunded pension liabilities. In his speech, the Governor said that the recommended budget for FY2013…
Governor Quinn’s FY2013 Budget Address proposed unspecified Medicaid cuts of $2.7 billion and the consolidation or closure of 62 State facilities. The Civic Federation says that painful, difficult reductions are necessary to address the State’s chronic financial problems.
This article discusses Governor Quinn’s proposal to cut $2.7 billion from the State’s Medicaid program. It cites the Civic Federation’s report that General Funds costs for Medicaid will increase from nearly $8.6 billion in FY2012 to $12.1 billion in FY2017.
This article discusses Governor Quinn’s call to stabilize the State’s pensions and restructure the Medicaid program. The article cites the Civic Federation’s projection that, without action, the State’s unpaid bills could rise to $34.8 billion by the end of FY2017.
In advance of Governor Pat Quinn's budget address on February 22, this op-ed by Civic Federation President Laurence Msall discusses Illinois' damaged fiscal reputation. The piece offers recommendations for stabilizing the State's finances and curbing unsustainable trends in the State's Medicaid and pension systems.
In advance of Governor Quinn's budget address on February 22, this article discusses the significant challenges facing Illinois' Medicaid program. The article cites the Civic Federation's projection from the FY2013 State Budget Roadmap that General Fund costs for Medicaid could grow to $12 billion by FY2017.
A week before Governor Pat Quinn’s FY2013 budget address, a panel of Illinois State senators met in Chicago to hear testimony on the State’s major budget challenges: rising Medicaid costs and unfunded pension liabilities. The Senate’s two Appropriation Committees held the joint hearing on February 15, 2012. Senator Heather Steans, who chairs one of the committees, said the hearing was…
In its most recent monthly briefing, the State of Illinois Commission on Government Forecasting and Accountability (COGFA) published new revenue projections for FY2012 and an early preview of its FY2013 projections, both reduced from previous forecasts. COGFA is a bipartisan joint legislative commission that provides analysis on State economic issues and the fiscal impact of legislative…
The State of Illinois FY2013 Budget Roadmap, issued on January 30, 2012 by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability, relies on a five-year budget analysis by the Illinois Department of Healthcare and Family Services (HFS). The HFS analysis is now available on the website of the State’s Budgeting for Results Commission. The HFS analysis sheds light on the complexity of…
(CHICAGO) The Civic Federation’s Illinois research institute warns that Illinois could face an unprecedented $34.8 billion backlog of unpaid bills if action is not taken immediately by the Governor and General Assembly to stabilize the State’s finances in FY2013 and beyond. The Federation’s new FY2013 Budget Roadmap analyzes the state’s current fiscal position, reviews Governor Quinn’s three-year…
