Illinois budget

Morning round-up
9:09 am
Wed January 12, 2011

Morning headlines: Ill. lawmakers approve tax increase, Mo. House to consider drug testing for welfare recipients, surveillance cameras close to being installed in 21st Ward

The Illinois General Assembly has passed a 67 percent income tax increase
(via Flickr/mhowry)
  • Democratic Illinois lawmakers have approved a 67% income-tax increase in a desperate bid to end the state's crippling budget crisis. Legislative leaders rushed early Wednesday morning to pass the politically risky plan before  new General Assembly was sworn in at noon. The increase now goes to Democratic Gov. Pat Quinn. He supports the plan to temporarily raise the personal tax rate to 5% from the current 3% rate. Corporate taxes also would climb.
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