The House voted 76-33 and the Senate 37-19 to pass Senate bill 1911. If signed by the governor, it would erase about $250 million from the projected fiscal year 2026 deficit.
If the projections hold true, Democratic Gov. JB Pritzker could face difficult financial decisions, from increasing taxes to cutting spending. The relative financial calm that has marked Illinois Gov. JB Pritzker’s six years in office may soon be coming to a close as his administration Friday forecast a more than $3 billion budget shortfall for the
At issue are losses related to the Trump International Hotel and Tower, which opened in 2009.
SPRINGFIELD — Illinois Republicans are demanding a vote in the General Assembly on removing from the fall ballot a proposed graduated income tax structure, saying the state’s pandemic-pillaged economy can’t sustain higher taxes. House Minority Leader Jim Durkin and Senate Minority Leader Bill Brady said Monday that the special session this week in Springfield should
Gov. Pritzker: 5-Part Reopening Plan Dependent On Infections SPRINGFIELD — Illinois’ governor on Tuesday outlined a five-phase plan for reopening the state as the threat from COVID-19 subsides, but there were no surprises here — the speed with which normal activity returns still depends on vigilance against the coronavirus. Under pressure to show signs of
Survey: Most Americans Want Changes To US Health Care System URBANA – More than 90 percent of Americans say changes are needed to make the U.S. health care system more affordable and lower drug costs. That’s according to a new national survey from Public Agenda, USA Today and Ipsos. Chris Jackson is vice president of Ipsos. He
A pair of credit rating agencies issued warnings Tuesday on the finances of both the state of Illinois — and its largest city. Moody’s Investors Service looked at whether America’s 25 biggest cities are prepared for a recession. Among them, just two were rated notably “weaker” than their peers: Detroit and Chicago. Moody’s warns that high debt