Illinois House will vote on a revenue plan on Sunday

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Saturday was the first day of the third straight year without a formal budget plan for IL, which has a backlog of unpaid pills estimated at $15 billion.

The state legislature, facing a massive budget crisis, was unable to reach a spending deal before the new fiscal year began on Saturday - marking the third year in a row that IL has started without a full budget.

Lawmakers will be in session Saturday to take up the final pieces of what could be a $5 billion tax increase to pay for a $36.5 billion spending bill, and Republicans are lining up votes.

All House Democrats and 23 Republicans voted for the measure.

If a budget isn't passed by the end of the day, the state would enter its third straight fiscal year without a full-year budget in place. That's the longest impasse of any state since at least the Great Depression. Without a budget soon, the state comptroller will be unable to cover basic services ordered by courts and road construction shuts down.

He is asking the bond rating agencies to give them a few days before dropping the state to junk status.

The Prairie State's last annual budget expired two years ago Friday.

"I come to you today with great joy, not with regret or despair".

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Madigan also said he would send messages to the major credit agencies, which promised a downgrade of Illinois' creditworthiness if the state didn't have a deal by the new fiscal year.

Although the now proposed budget passed a test vote on Friday, it will not receive a final vote in time. House members approved the latest proposal in a preliminary vote Friday before adjourning.

Republicans say they supported the Democratic spending plan as a show of good faith.

Democrats, who have large majorities in the Legislature, argue that Rauner's demands are an attack on the middle class.

In a test vote of the House's resolve to reach a budget deal, the roll call was 90-25 on an amendment to a Senate spending bill.

While a tax hike is always controversial, stakes are higher given both the gravity of Illinois' financial distress, and the 2018 elections.

House Republican Leader Jim Durkin pledged to put Republican votes on the plan. State Rep. Jeanne Ives, R-Wheaton, said the proposed budget continues to fund bad government behavior. Representatives indicated that the two sides were close on workers' compensation but there was still plenty of work to be done on a property tax freeze.

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