Scheduled to deliver his budget address at noon today, Quinn administration officials broadly outlined their proposal in a briefing last evening.  Quinn's plan would cut expenses by $2 billion ($1.3 billlion of which comes from education) and borrow another $4.7 billion to cover the FY 2011's operating deficit. That comes on top of the $6 billion backlog of bills, which the plan appears to roll over into the next fiscal year.

The details they offered did not include any tax increase, though they hinted that Quinn will offer alternatives on the revenue side during his speech.