Christine Radogno

Pritzker name advisers who will look into Illinois' finances

Illinois Gov.-elect J.B. Pritzker on Thursday named labor leaders, a former Republican lawmaker and allies of Chicago Mayor Rahm Emanuel to a team looking into Illinois' troubled finances.

The Democrat will be sworn in Jan. 14, and within weeks of taking office will have to deliver a budget proposal to the General Assembly. Illinois is behind in paying bills by about $7.5 billion, and there is an estimated $1 billion shortfall in the current state budget. Pension payments also restrict spending on other programs.

Pritzker named his transition team the day after he defeated Republican Gov. Bruce Rauner. He says the committee he named Thursday is the first of several...

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