The 42nd governor of Illinois, Bruce Rauner, is my guest on Uncommon Knowledge to discuss Illinois’s budget crisis. With the end-of-the-fiscal-year deadline (June 30) looming ever closer, Governor Rauner and Illinois House majority Democrats will have to come to an agreement to get the budget passed and prevent Illinois’s bond rating from being downgraded to junk, causing Illinois to lose investment-grade status. Peter Robinson and Governor Rauner discuss this financial crisis and Rauner’s goals for the budget. He insists that no budget will be passed unless it is a balanced budget that includes, but is not limited to, term limits, consolidating the government, and pension reform.