Illinois house speaker puts budget fix under review

Illinois Governor Bruce Rauner's controversial approach to balancing the state budget will be the target of a new legislative panel announced by the house speaker on Friday. Michael Madigan, the powerful long-time head of the Democrat-controlled House, said the budget oversight panel would "closely examine" recent actions by Illinois' new Republican governor to plug a $1.6 billion hole in the current state budget. “While I believe that a budget solution should include a balance of spending cuts and additional revenue, as a state it’s also our duty to protect our most vulnerable citizens, including children with autism, persons with developmental disabilities and lower-income women in need of breast cancer screenings,” Madigan said in a statement. "(Rauner) looks forward to working with the legislature to find a bipartisan solution that puts Illinois on the road to becoming the most competitive state in the country,” the governor's office said in a statement.



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