SPRINGFIELD, IL – (Rachel Krause, WPSD-TV. Please click on the link above for the full story and video. Here is an excerpt below.)
The Illinois House and Senate adjourned for the day Friday without passing a budget. They’ll be back Saturday, July 1. But, before they arrive, the state will officially enter its third year without a budget at 12 a.m.
With that deadline coming to pass, a credit downgrade is almost certain, experts predict. But, with lawmakers coming back right away to take up budget negotiations again, leaders hope to stave off any credit downgrades.
Republican Sen. Dale Fowler said he thinks the budget plan will be the key to ending Springfield’s stalemate. He said negotiations are going well, and he’s ready to get to work once the House approves the bill and sends it over.
“I’m very optimistic that we will. You know, those negotiations are going very well. You know, I stay optimistic and will continue to stay here as long as it takes to get a budget and get Illinois back on track,” said Fowler.
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