Quinn for Illinois

The headline says it all – Brady’s tax cuts would increase our deficit.

Today, Senator Bill Brady admitted what experts have long said: his Bush-style tax cuts will add up to $1 billion to Illinois’ deficit.

Bill Brady has a four-point plan for economic disaster:

• Tax cuts for big business and the rich, at the expense of middle-class working families, minimum wage workers, and teachers, police officers and other public servants;
• Increase the deficit by $1 billion;
• Skyrocketing property taxes from his over $1 billion in cuts to education;
• Massive job loss as a result of his reckless across-the-board cuts –140,000 projected jobs lost, according to the Center for Budget and Tax Accountability (based on economic models by Mark Zandi of Moody’s).

Years of fiscal mismanagement in Springfield, and irresponsible tax cuts on the national level, led us to the precarious economic situation our state now faces. Eighteen months ago, Governor Quinn rolled up his sleeves and got to work. He cut $3 billion from the budget – the most in Illinois history - to curb our deficit. He has used targeted tax credits for large and small businesses to help them expand or move to Illinois and put our citizens to work.

We have a long way to go, but as a result of Governor Quinn’s action, Illinois’s economic growth is outpacing the national economy.

But Bill Brady wants to take us backwards. His George W. Bush economic policies will only set back the progress we’ve made recently.

Bill Brady has said voters will have to wait until after November 2nd for his complete budget plan, but the more you learn, the worse it gets.