Illinois House passes $5 billion tax package, spending plan
elect Bruce Rauner speaks to the media after a meeting with U.S. President Barack Obama and other Governor-elects from seven U.S. states at the White House in Washington December 5, 2014. REUTERS/Larry Downing/File Photo/ CHICAGO (Reuters) - Illinois' Democratic-controlled House of Representatives passed big, permanent increases in income tax rates and a $36 billion fiscal 2018 spending plan on Sunday with the help of some Republican votes as the cash-strapped state scrambled to stave off a bond rating downgrade to junk. The $5 billion tax ...
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