Franks: Stopgap Budget Only Punts Our Deficit Problem

State Representative Jack Franks

By Nick Blumberg on July 5th, 2016:

The stopgap budget sailed through the General Assembly by a huge margin. Only four lawmakers voted no: Reps. Jack Franks (D-Woodstock), Jeanne Ives (R-Wheaton), David McSweeney (R-Cary) and Thomas Morrison (R-Palatine). They join “Chicago Tonight” to explain their decision.

Franks said the General Assembly’s vote was purely for political reasons and a “monstrosity” for the state. “We’re going to continue to spend about $33 million more a day than we bring in because of these court orders. After six months, we’re going to be about $7 billion more in debt,” he said. “We couldn’t have done anything worse if we tried.”

For Ives, a no vote was more than a statement vote. “It was the responsible vote,” she said. “If you voted for that budget, get ready, because come January, maybe the end of December, you’re going to also have to feel obligated to vote for a $5 billion-plus tax increase. This budget wasn’t a budget. This budget was a spending plan that we can’t afford. Budgets set priorities and tell you what’s the most important thing you have to fund. All this vote did was set up a tax increase.”