Illinois Governor Bruce Rauner has been trying to pull the Land of Lincoln out of economic decline amid obstruction by state Democrats, and it’s a losing battle. After two years without a state budget, Mr. Rauner is now bending as Democrats promise to hold the budget hostage if he doesn’t sign a tax increase. In his State of the State address last week, Mr. Rauner said he was open to “consider revenue increases” in conjunction with “job-creating changes” in pursuit of a budget deal. He endorsed negotiations underway with...

Source: Wall Street Journal February 23, 2017 00:11 UTC