Governor Pritzker Predicts Painful Cuts After Fair Tax Proposal Failed

Illinois Governor JB Pritzker is issuing a serious warning after his graduated income tax plan failed on Election Day. He says now the state is in a tough financial situation. Pritzker added that if the proposal had been approved it would have brought in more than three billion dollars in much-needed revenue each year. Critics of the tax plan say it would have hurt small businesses.