The Illinois House voted Thursday to override Gov. The new budget will be fueled by a permanent 32 percent tax increase retroactive to July 1. Speaking from the House floor just after the vote, Madigan said the budget was the result of bipartisan efforts to end the "destructive" impasse. But on Wednesday a third credit-rating agency, Moody's Investors Service, put Illinois under review for a downgrade even if lawmakers overrode the veto. At least a few House Republicans voted against the governor, whose massive personal wealth has largely funded the state Republican Party.

Source: Fox News July 06, 2017 22:00 UTC