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

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.

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.

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