There were many things mentioned that were good about Governor Bruce Rauner's Budget Address from last Wednesday, with a lot of promises for the state. State Treasurer Mike Frerichs wasn't sold on anything though. Frerichs said he thought it sounded a lot like a campaign speech with many promises and not many answers, which is not what the people need to hear when the budget is still $7 billion out of balance
Frerichs said Rauner's address had very little content, and seemed like it had more promises than plans, like a campaign speech. Frerichs said the programs the governor has in mind to set up are great, but where's the money going to come from to set them up and make them work?
Frerichs said he expects someone to step up soon and make the decisions on how to grow revenue so the state can get back on track and fund the organizations and systems it is supposed to.
Frerichs appeared on the NEWSTALK WTIM Morning Show.