Rauner: Changing rules for state-bought goods can save $514M

SPRINGFIELD, Ill. (AP) — Republican Gov. Bruce Rauner unveiled a plan he says will save Illinois more than $500 million annually by streamlining how goods and services are bought. Rauner is urging lawmakers to pass legislation he says will reduce the time it takes to buy products by eliminating redundant steps in the procurement process. He estimates the state could save $514 million a year that can be used for colleges and human service programs. Rauner’s announcement Tuesday came on a day when he and his comptroller highlighted Illinois’ worsening financial shape as the state enters the eighth month without a budget. Comptroller Leslie Munger says the state is on pace to finish the year $6.2 billion further in debt because of court-ordered spending and a drop in the income tax rate last year.