Reis, Severin join Democrats to pass budget amendment

Durkin said he committed Republican votes on the appropriations measure as a "gesture of good faith".

Illinois House Speaker Michael Madigan says negotiations on a budget deal are ongoing, but that no votes will be taken over the weekend.

The clock continues to tick at the State Capitol as IL lawmakers try to end a budget crisis that would enter its third year at midnight if no compromise is made.

It includes a $5 billion income tax increase, and $2.4 billion in spending reductions.

On Saturday, the state will begin its third year without a full balanced budget, but there's new hope of a bipartisan resolution in the next few days.

- University operating and program lines would be cut about 5 percent, but universities still would get more money than in fiscal 2017.

If the spending bill and tax increases fail to pass, Democrats have a backup plan to vote on a series of emergency spending bills.

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Madigan, a Chicago Democrat, noted that much more work needs to be done, but said: "This is a good step forward, a step we can build upon". House Republicans then called a private party caucus.

IL will enter a third straight year without a budget.

"What got IL in trouble over the past 12 years was passing spending bills but not tying it to revenue, so we would continue to spend more than the revenue coming in, which put IL in its debt situation", Syverson said.

The Democratic budget vote has been scheduled after a week's worth of negotiations on both spending and Gov. Bruce Rauner's political and economic agenda.

Madigan also said he would send messages to the major credit agencies, which promised a downgrade of Illinois' creditworthiness if the state didn't have a deal by the new fiscal year.

The Illinois House has adjourned until 11 a.m. Saturday.

That means IL lawmakers won't consider a full budget - including higher tax rates - until the weekend at the earliest. It's still unclear when the House might vote on a statewide 33 percent income tax hike. Pat Quinn's temporary tax increase.

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The Chicago Democrat wants Rauner to sign an education funding overall, OK insurance-rate regulation in workers' compensation and more.

You might be wondering what happened Saturday to dim my mood after that glimmer of hope on Friday when Democrats and Republicans shared what seemed like a breakthrough moment.

Rauner has demanded cost-cutting changes to workers' compensation laws, which he says are needed to lure businesses to IL.

In the letter, Madigan called the budget impasse "the governor's budget crisis".

The Senate largely has remained on the sideline during the special session.

Because lawmakers never passed a budget accounting for the rollback of the income tax increase, IL is still spending more money than it has coming in.

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  • Jermaine Castillo