- Associated Press - Tuesday, December 16, 2014

SPRINGFIELD, Ill. (AP) - Gov.-elect Bruce Rauner plans to speak about the state budget at a Better Government Association event.

Rauner is scheduled to make the remarks on Tuesday during a luncheon in Springfield.

The Republican, who ousted Democratic incumbent Gov. Pat Quinn in November, has said the next two years will be “very rough” because of the state’s financial troubles.

This year’s $35.7 billion state budget is billions short of what’s needed. Next year’s budget gap will be worse. That’s partially because Illinois’ income tax rate is scheduled to drop from 5 to 3.75 percent on Jan. 1.


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