Report: State Budget Agreement Reached

Gov. Quinn, vetoing a previous proposed state budget on July 1, 2009; AP Photo/Seth Perlman

Fox 32 is reporting that House Minority Leader Tom Cross has said a tentative agreement has been reached on the state budget, which has been in limbo for weeks after the last legislative session ended without a new budget in place. There's no income tax increase in the budget, though State Senate President John Cullerton said that an increase of some kind was inevitable in the future. Gov. Quinn backed off his push for an income tax hike last week in a bid to increase the chances of a speedy resolution.