Pat Quinn on Budget & Economy

Restrain spending by $220B by Budgeting For Results

We have taken the first steps to stabilize our budget--with a comprehensive plan to restrain spending and reform state government. The first part of this plan is budget restraint--finding new ways to reduce unnecessary state spending. Since taking office, I have reduced our spending every year. No area is above review. Last year, we enacted a landmark pension reform law--the most far-reaching public pension reform in our nation's history.

Over the next generation, we will save the people of Illinois $220 billion. Our commitment to taxpayers is simple: we will only use tax dollars to provide necessary state services. All unnecessary state spending will be eliminated. We are looking at programs in a new way--saving taxpayer dollars while improving the services we deliver. This new approach is called 'budgeting for results'. The spending reductions and program reforms I am talking about today are the result of our budgeting for results process.

Source: Illinois 2011 State of the State Budget Address , Feb 16, 2011

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Page last updated: Nov 23, 2011