Governor Rod R. Blagojevich today delivered his Fiscal Year 2008 Budget Address launching his second term with a bold agenda for Illinois middle class families
Highlights of the Governors plan for FY08 include:
An historic Tax Fairness Plan that closes corporate loopholes and gives the middle class relief it deserves; www.illinois.gov/taxfairness/
A record new investment of $10 billion in schools over the next four years three times bigger than any increase in state history; www.illinois.gov/education/
Illinois Covered an affordable, reliable healthcare plan to cover the 1.4 million uninsured adults in Illinois and provide assistance to millions of middle-income families and small businesses struggling to keep up with health insurance costs; www.illinoiscovered.com
12/22/08 - $1.4 Billion Available Today to Pay Community Organizations that Provide Goods and Services Today Governor Rod R. Blagojevich announced that thanks to a successful short-term borrowing deal, the State has $1.4 billion available to pay many community organizations and vendors that have supplied goods and services to the state, but have yet to be paid. Because Illinois has a $2 billion budget deficit caused by the national recession and an uneven revenue stream, the State sold $1.4 billion in general obligation certificates to infuse the General Revenue Fund with much needed cash to pay vendors and providers who urgently need payment. 12/16/08 - $1.4 Billion to be Available to Pay Bills Before the New Year Because the national recession has negatively affected Illinois’ revenue and caused a $2 billion fiscal year 2009 budget deficit, the State will be selling $1.4 billion in general obligation certificates to infuse the General Revenue Fund with much needed cash to pay vendors and providers who urgently need payment.
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Governor Rod R. Blagojevich today delivered his Fiscal Year 2008 Budget Address launching his second term with a bold agenda for Illinois middle class families
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