Illinois is facing significant budget deficits due to fiscal practices by the majority party, according to Mark Glennon. Democrats have been criticized for using temporary measures and one-time revenue sources to present their budgets as balanced. This approach has now led to a challenging financial situation for the state.
"Now, Illinois faces the hard reality of the majority party’s fiscal mismanagement," Glennon stated.
The looming deficits raise concerns about the state's financial stability and its ability to manage future economic challenges.