Halpin, Thoms go head-to-head on budget surplus, income taxes


llinois State Senate candidates for 36th District appear on ‘4 the Record’

We’re back with Mike Halpin and Mike Thoms, who are both running for Illinois State Senate in the 36th District.

Democrats boast that the state enjoys a budget surplus that is largely because of federal pandemic relief money. That’s not coming anymore. How can the state make up for that money to maintain a surplus?

“We ended up being able to put a billion dollars into the Rainy Day Fund, another $500 million into the Pension Stabilization Fund, and still we’ve been able to do that tax relief package that I talked about earlier,” Halpin said.

“Unfortunately, one fund they did not pay back …. is the unemployment,” Thoms said. “That puts a burden on the businesses to increase what they are paying in to replenish that account.”

Click on the video to hear what else they have to say.

Local 4 News, your local election headquarters, is proud to present 4 The Record, a weekly news and public affairs program focused on the issues important to you.  It’s a program unlike any other here in the Quad Cities. Tune in each Sunday at 10:30 a.m. as Jim Niedelman brings you up to speed on what’s happening in the political arena, from Springfield, Des Moines, Washington, D.C. and right here at home.

via WHBF https://ift.tt/95umGvW

October 23, 2022 at 11:54AM

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s