What Happens If a Budget Deal Isn’t Reached in Illinois By Year's End? - Tom Schuba, NBC Chicago

If a budget deal isn’t reached before then, the state will lose spending authority for a variety of important services, like public colleges and universities and grants for health and social services. These are areas the state’s ongoing budget impasse has already adversely affected. Chicago State University was forced to lay off more than 300 employees in April as a result of the budget crisis. CSU and other state universities could be forced to make additional cuts and layoffs if money isn’t appropriated to fund them. Additionally, funding for Monetary Award Program grants expires at the end of the year, which could result in students losing tuition assistance. http://www.nbcchicago.com/news/local/What-Happens-If-a-Budget-Deal-isnt-Made-Before-the-End-of-the-Year-405663765.html