Rep Fred Crespo (D) Speaks on the House Democrats Proposed FY 18 Budget

From the State Capitol, Tuesday, June 27 — We talk one on one with Rep Fred Crespo, just before the House Democrats released their Budget plan, for FY 2018.

Rep Crespo, shares some of the details in the House Democrats spending bill, the revenues and the level of increased taxation on income they propose.

We also hear his thoughts on what the Bond Houses are saying will happen to Illinois’ credit rating if there is no budget passed before Saturday, the start of the new fiscal year.  And why Illinois’ credit rating could remain in the gutter for over a year, even IF a budget is passed, AFTER the start of the new fiscal year, that begins on July 1.