July 4, 2017
To the Honorable Members of
The Illinois Senate,
100th General Assembly:
Today I veto
Senate Bill 42 from the 100th General Assembly, which is part of Speaker
Michael Madigan’s 32% permanent income tax increase forced upon the hard
working people of Illinois.
The package of
legislation fails to address Illinois’ fiscal and economic crisis – and in
fact, makes it worse in the long run. It does not balance the budget. It does
not make nearly sufficient spending reductions, does not pay down our debt, and
holds schools hostage to force a Chicago bailout.
package does not provide property tax relief to struggling families and
employers. It does not provide regulatory relief to businesses to create jobs
and grow the economy. It does not include real term limits on state elected
officials to fix our broken political system.
Even with the
Madigan permanent 32% income tax increase, this budget remains $2 billion out
of balance for fiscal year 2018. This budget will require even more tax hikes
to balance the budget and pay down the bill backlog. This budget puts Illinois
on track for major future tax increases and will lead us to become the highest
taxed state in America in the coming years.
budget package holds K-12 school funding across Illinois hostage to force a
bailout of Chicago Public Schools. Hidden in this budget are terms that
withhold school funding unless the school funding formula is rewritten to shift
money from suburban and downstate school districts to CPS.
Illinois will not be balanced or stay balanced unless our economy grows faster
than our government spending. We have been ignoring that truth for 35 years.
This budget package includes no changes to create jobs and grow our economy.
It will push more families and businesses out of our state.
pursuant to Section 9(b) of Article IV of the Illinois Constitution of 1970, I
hereby return Senate Bill 6, entitled “AN ACT concerning appropriations”, with
the foregoing objections, vetoed in its entirety.