How much revenue would be generated by Gov. Pat Quinn's proposed 1 percent increase in the state income tax rate? Quinn’s budget director, David Vaught, told the AP today that the administration estimates the bump would raise $2.8 billion annually. The increase would also be permanent, not temporary. What's unclear is whether the new revenue -- if approved -- would fully restore the proposed education cuts, which total $1.3 billion.

Meanwhile, more and more reactions to Quinn's budget address are coming in from progressive interest groups.  Be sure to check out the updates to our item from earlier today.