Rauner Seeks Cuts to Close $6 Billion Illinois Deficit

Republican gubernatorial candidate Bruce Rauner declares victory during his election night gathering while incumbent Democratic Gov. Pat Quinn is yet to concede on November 4, 2014 in Chicago, Illinois.

Photo by John Gress/Getty Images

Governor Bruce Rauner proposed spending cuts across state programs from Medicaid to universities to stanch the fiscal bleeding in Illinois, the U.S. state with the lowest credit rating.

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