Posted tagged ‘Frank Mautino’

Quinn Witholds Judgment on Illinois Budget Approved by Lawmakers which Spends $2 Billion than Governor’s Plan

June 1, 2011

(Springfield, IL) — June 1, 2011. The new Illinois budget may spend less than Gov. Pat Quinn’s original proposal, but it is higher than this past year’s budget and was balanced by delaying the payment of billions of dollars in unpaid bills until this current fiscal year.

“The governor has been clear … that while we put our fiscal house in order, we must continue to protect core priorities,” said Kelly Kraft, Quinn’s budget spokeswoman.

Quinn is “reviewing” the budget’s impact on Illinois human services and schools statewide, Kraft said, which were among those items lawmakers trimmed to reduce spending from Quinn’s $36 billion to $33.2 billion.

House Democratic budget architect Frank Mautino, D-Spring Valley, said the new spending priorities include Illinois’ $4 billion pension payment.

The budget “for the first time doesn’t hide the true costs of state government by taking the pensions off budget,” said Mautino. “We’re making all of our pension payments, which for the past three years we’ve had to borrow” to fund.

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Gov. Pat Quinn Wants to Borrow $2 Billion to Pay Illinois Bills

March 25, 2011

(Springfield, IL) — Is Gov. Pat Quinn’s latest plan a cash advance from the federal government, or another multi-billion dollar borrowing plan?

Quinn wants to borrow $2 billion in short-term loans to help pay off the state’s backlog of debt, totaling $9 billion to $10 billion. About half will go toward paying Medicaid vendors before the enhanced federal match rate drops to 50 percent on July 1. The other half will go toward settling debts with group insurance providers.

“The (governor) feels strongly that we should not leave hundreds of millions of dollars in enhanced federal Medicaid match on the table and is working with legislators on a plan to restructure approximately a billion dollars immediately to take advantage of the enhanced rate prior to its expiration,” said Quinn spokeswoman Kelly Kraft.

The federal stimulus law, passed during the height of the recession in 2009, provided states with about $80 billion in 2009 and 2010 by increasing the federal government’s Medicaid match rate to nursing homes and hospitals, with the caveat that those providers be paid within 30 days. Illinois is being matched at 59 percent until March 31. Afterward, the rate will drop to 57 percent, and ultimately end at its regular match rate of 50 percent on July 1.
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