Gov. Bruce Rauner says he'll set aside his distaste for tax increases and approve one if the Legislature approves his business-friendly reforms.
The state has started a new fiscal year without a spending plan because of the Republican's disagreement with Democratic lawmakers.
Democrats' spending plan has a deficit of up to $4 billion. They want cuts and a tax hike.
They say Rauner's plans for restricting liability lawsuit awards and workers' compensation go against their "core beliefs."
Rauner told reporters outside his Capitol office Wednesday that raising taxes violates one of his "core beliefs" but he'll do it if he gets his reforms.
The House is in session Wednesday to consider a one-month, $2.3 billion spending plan while talks continue. Rauner says he opposes the stop-gap measure.