Gov. Bruce Rauner proposed a budget Wednesday that saves the state more than $1 billion by shifting some pension costs to local school districts and more health insurance costs to state workers. SJ-R.com reports Rauner also offered the possibility of a cut in the state’s personal income tax by linking the reduction to lawmakers passing a long-sought change to public employee pensions. However, the tax cut wouldn’t take effect until the reform plan gets through a court challenge, which could take years.
Rauner's Budget Will Need Pension, Health Overhauls to Balance It
