It is officially crunch time for Illinois Legislatures as time is winding down for the two parties to agree on a budget.

State Treasurer Mike Frerichs says even though time is dwindling he is still confident the two sides can decide on common ground on a budget.

Frerichs says the struggles over the last few years have been a lesson to the parties and serves as their main motivation to get the budget done.

Frerichs appeared as a guest on the NewsTalk WTIM Morning Show.