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Pritzker: Illinois deficit more than Rauner estimated The gap for the upcoming fiscal year will be $3.2 billion, the governor's office says, 16 percent higher than a November estimate.

Crain's Chicago Business

Friday, February 8, 2019  |  Column  |  Associated Press

Budget--State (8) , Pritzker, J.B.

Gov. J.B. Pritzker’s office said today that Illinois’ budget deficit for the new fiscal year is hundreds of millions of dollars more than the Rauner administration estimated in November.

The deficit is $3.2 billion, Pritzker’s office said in issuing a report called “Digging Out: The Rauner Wreckage Report.”

(Read the report below.)

If not addressed, Illinois would have a deficit of $3.2 billion for fiscal year 2020, compared with a Rauner administration estimate in November of $2.765 billion, the report says.

“Illinois will need years to dig out of the fiscal mess this administration inherited, and the road to recovery will begin with Governor Pritzker,” Deputy Governor Dan Hynes said in a statement, which said he wrote the report. “The Pritzker administration will be honest and transparent about the challenges we face and put forward long-term plans and investments that will get our state on firm financial footing. Despite these challenges, we will propose a balanced budget that invests in education and human services that were decimated under the previous administration.”