State Sen. Dave Syverson (R-Rockford) has been appointed to a new Senate committee charged with reducing the state’s massive budget deficit. The bipartisan Committee on Deficit Reduction, consisting of five Republican and five Democratic lawmakers, will investigate ways of closing Illinois’ budget shortfall, which experts warn exceeds $5 billion.
Syverson, a longtime member of the Senate Appropriations Committees, believes the committee should start by examining state spending, which increased by more than $5 billion under the administration of former Gov. Rod Blagojevich.
“The fiscal crisis we are facing today is the direct result of the reckless, ‘spend-and-borrow’ policies of Rod Blagojevich and his legislative allies,” Syverson said. “Under their watch, state spending increased by 23 percent without sound revenue streams to pay for it. If we are serious about restoring fiscal discipline to our state government, we need to start with curbing spending and living within our means.”
The committee is expected to take testimony from a wide range of state officials and budget experts to determine what spending can be reduced, and how to make better use of taxpayer dollars. It is expected to unveil its recommendations in late March.