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October 24, 2014, 4:19 pm
970 WMAY News

Treasurer Candidates Clash Over Budget


The candidates for Illinois Treasurer are offering very different approaches to fixing the state’s fiscal problems. 

 

Both Republican Tom Cross and Democrat Mike Frerichs say the treasurer can get more involved in shaping fiscal policy.  But Cross says one way he would do it is through litigation… saying that as treasurer, he could sue the state legislature if lawmakers pass an unbalanced budget. 

 

Frerichs says he would work to create a more fair revenue stream… in part by pushing to expand the sales tax to include services, while lowering the overall rate to make it a more progressive tax. 

 

Both candidates appeared live Tuesday on 970 WMAY.

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