Quinn says the state owes billions of dollars, and an income tax increase is needed to pay those bills.
"We can cut taxes on millions of families, reform the tax system. It's important because to get the revenue to pay the bills, if we don't pay the 9 or 10 or 11 billion dollars Illinois owes. there will be a lot of employers who will lay off our neighbors," Quinn said.
The governor will lay out the details of his tax increase proposal Wednesday.