On Wednesday Gov. Pat Quinn will propose a state budget for the fiscal year that begins July 1.
The governor has been talking tough of late. He has promised a “rendezvous with reality” on the cost of public employee pensions. He has announced that two state institutions will close and hinted that more are on the block. The Tribune reported on Monday that he will push for $2.7 billion in cuts to Medicaid.
But three weeks ago, in his State of the State address, the governor offered, depending on how you count, between nine and 15 new ways for Illinois to spend money that it doesn’t have.
So we’re eager to hear how the governor squares his dreams of more spending with his warnings about grim realities. Want to talk reality? Illinois has nearly $200 billion in debts and unfunded obligations and is hopelessly behind in paying its bills. No state is in more dire shape.