Wednesday, December 9, 2009

GOP gov candidate announces Illinois finance plan

Republican candidate for governor Andy McKenna proposed dramatically cutting state spending to rescue Illinois' finances without an income tax increase.

Chicago businessman McKenna on Tuesday said the state should cut spending to 2006 levels, amounting to about a 20 percent drop.

That could mean big cuts to state government while only addressing about half of the budget deficit. He didn't offer specifics about the impact on services and programs.

"What we're saying to the people of Illinois is: We will not spend above receipts because that's irresponsible," said McKenna, one of seven GOP candidates in a crowded Feb. 2 primary field.

Spending levels likely would need to remain frozen there for three or four years so the state can dig out of "a real deep hole," said McKenna, former chairman of the Illinois Republican Party.

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