The 67 percent income tax rate increase Quinn and fellow Democrats approved in a January lame-duck session will bring in about $2.8 billion until the end of the budget year on June 30, but there’s “simply not enough money to go around,” according to the budget office.

◼ Illinois Comptroller Judy Baar Topinka today said the state will end the budget year $8 billion "in the red” unless changes are made.

“The prescription for our financial recovery is simple: stop spending more than we bring in,” said Topinka, a Republican. “But sadly, that still has not occurred.”