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October 20, 2014, 8:07 am
970 WMAY News

U of I Professor: Solving Illinois' Fiscal Problem Requires "Very Tough Choices"


A University of Illinois economist says he's not sure lawmakers understand the magnitude of the state's budget crisis.

 

Professor Richard Dye is one of the authors of a new study by the University of Illinois Institute of Government and Public Affairs Fiscal Futures Project.

 

Dye says the problem is serious and will require "very tough choices."

 

And Dye contends those choices will have to include both painful spending cuts and finding additional revenue.

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