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State report shows Illinois staring down $8 billion deficit

JULY 15, 2016 | by John O'Connor | ASSOCIATED PRESS

Includes "The state of Illinois’ spending will outstrip what it brings in by nearly $8 billion this year despite a stopgap budget agreement last month ... The Commission on Government Forecasting and Accountability reviewed the budget deal that lawmakers and Gov. Bruce Rauner approved in June on the brink of the new fiscal year, which began this month ..."

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