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Wednesday, January 12, 2011

Lame Duck Session In Illinois Raises Taxes, Governor Says 'Fiscal House Was Burning'

Reps. Dan Brady, right, R-Bloomington, and Roger Eddy, R-Hutsonville confer on the House floor during a session at the state Capitol in Springfield, Ill. (AP)

Reps. Dan Brady, right, R-Bloomington, and Roger Eddy, R-Hutsonville confer on the House floor during a session at the state Capitol in Springfield, Ill. (AP)

With less than 12 hours to go before their term ended, Democratic lawmakers in Illinois voted to close the state’s $15 billion budget deficit with sharp tax increases — raising the personal income tax by 67% and business taxes by 64%.

The bill passed without a single Republican vote. We speak with Ray Long, State House Reporter for the Chicago Tribune.

Other stories from Wednesday's show

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