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TWO DAYS LEFT

Lawmakers have just two days left to settle on a budget before the new fiscal year begins July 1. That in mind, here’s today’s budget impasse roundup:

  • A property tax freeze, wanted by Gov. Bruce Rauner as part of his compromise to raise taxes, failed in the House Wednesday, dimming hopes that a budget agreement might be reached before July 1. (Pantagraph)
  • Gov. Bruce Rauner says if lawmakers don’t reach a budget deal, he’ll extend the special legislative session he called late this month, keeping lawmakers in Springfield until they “get the job done.” (Peoria Journal-Star)
  • The Illinois Lottery stopped selling Powerball tickets yesterday at 9 p.m., and will stop selling Mega Millions tickets Friday at 9:45 p.m. unless the state reaches a budget agreement. Illinois’ annual profit from Powerball and Mega Millions is about $90 million. (Chicago Tribune)
  • Illinois’ state universities are in danger of losing their accreditation because the budget stalemate has led to increased tuition, delays in grants for financially needy students, staff reductions and canceled capital projects, according to the Higher Learning Commission. (State Journal-Register)
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