State Representative John M. Cabello, R-Machesney Park, issued the following statement today in response to Governor JB Pritzker’s Budget Address delivered to a joint session of the General Assembly:
“If anyone tells you this budget proposal is balanced, they are lying straight to your face. The Governor said last year that the budget was balanced. It wasn’t. We know that for a fact. The Chicago Tribune and Crain’s Chicago Business acknowledged so last summer. As a result of last year’s budget, Illinois families are now paying 21 new or increased taxes and fees, including new revenue from taxes on recreational marijuana sales. With all this extra money coming in, you would think the State would be paying down its $7.3 Billion backlog of past-due bills. You would be wrong. Instead, the Governor and his allies are proposing more new spending again this year. According to the Governor’s own estimate, the backlog of past-due bills is expected to balloon to $19.2 Billion in the next five years if we don’t cut spending or raise taxes even higher.
Just like last year, the Governor’s new budget proposal relies on gimmicks to call itself ‘balanced’, like counting revenue from the sale of the Thompson Center which still hasn’t happened and undercounting the true amount owed on the state’s annual payment to pension obligations and retiree health care. There is no doubt the Governor’s budget will lead to higher taxes and more debt for Illinois taxpayers.”
Representative Cabello serves the 68th District, which includes portions of Rockford, Loves Park, Machesney Park and Cherry Valley.