Late Tuesday afternoon, the Rauner administration released a statement outlining steps it’s prepared to take in response to the budget passed by House Speaker Michael Madigan, Senate President John Cullerton and their caucuses. The Democratic budget is nearly $4 billion short for fiscal year 2016 which begins July 1.

The showdown between Gov. Bruce Rauner and House Speaker Michael Madigan continues as state lawmakers stare down a May 31 deadline to approve a budget plan. On Wednesday, lawmakers will continue to vote on a series of measures that make up the spending plan, backed by Madigan, that’s about $3 billion short. At the same time, lawmakers will hold hearings on items that make up Rauner’s Turnaround Illinois agenda.

It’s crunch time as state lawmakers have less than a week to pass a budget and close a $6 billion deficit before the end of the current legislative session. We talk with Chicago Tonight Springfield reporter Amanda Vinicky about the likelihood of a budget being passed before the Sunday deadline. 

House Speaker Michael Madigan will convene a special oversight panel that will meet Tuesday to look at the budget cuts proposed by Gov. Bruce Rauner. As the governor marks 100 days in office this week, we examine his term so far with Chicago Tonight Springfield reporter Amanda Vinicky.

Gov. Pat Quinn delivers his annual budget address in Springfield. We take a look at his proposal, the numbers, potential cuts -- and what it all could mean to you.