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Quinn: 2,200 Layoffs As a Result of Budget Cuts; Willing to Compromise on Tax Increase
CHICAGO (AP) -- Gov. Pat Quinn says 2,200 state employees could be laid off as he attempts to cut an additional $1 billion from the Illinois budget.

Quinn says he also wants state employees to take 12 unpaid furlough days.

The Democratic governor also offered new details Thursday on concessions he's willing to make in order to build support for an income tax increase.

Quinn says he'd settle for raising the corporate income tax rate to 6 percent, instead of the 7.2 percent he originally proposed. The corporate rate is now 4.8 percent.

Quinn isn't budging on the personal tax rate, which he wants to set at 4.5 percent -- up from 3 percent now.

The new budget year begins on Wednesday.

(Copyright 2009 by The Associated Press. All Rights Reserved.)
06 25 09 by Newsroom
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