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Illinois Manufacturers’ Association Statement on Stopgap Budget

SPRINGFIELD—Greg Baise, CEO and president of the Illinois Manufacturers’ Association released the following statement in reaction to the stopgap budget:

“While we recognize the work of the Governor and lawmakers to reach accord on a temporary, short-term budget after 364 days of inaction, the stopgap should not be considered a victory for Illinois taxpayers and businesses.  Today’s action is a band-aid that will temporarily relieve budgetary pressure, but does not solve the core problems plaguing Illinois. Manufacturers lost 15,000 good, high-paying jobs in our state last year and it’s well past time that our elected leaders enact a real balanced budget and pro-business reforms that will grow our economy. Today’s agreement will once again foist a property tax hike on manufacturers and other businesses in Cook County without offering any spending reform or job creation policies. The IMA stands ready to work with the Governor and lawmakers over the summer to reach consensus on key economic development reforms of tax policy, workers’ compensation, pension reform, and the court system that will help stop the loss of middle class manufacturing jobs.”