Illinois Gov. proposes largest tax hike in that state's history

From the Chicago Sun-Times.

The massive new wish list would be paid for primarily by $7 billion in new business taxes, the potential $10 billion lease of the state lottery and $16 billion in new borrowing.

The line failed to garner much of a reaction from lawmakers, who later clapped politely at his mention of funding increases for health care and schools but sat stoic for much his speech.

"I think the governor is asking for another credit card," said state Sen. Martin Sandoval (D-Chicago), "and I'm not sure if he knows whether he can make the first payment when the bill comes in."

That ought to be a fun session.