Budget

Capitol News Illinois · CapitolCast: Interview with the GovernorGov. JB Pritzker says he will consider ideas for directing hundreds of millions of new…

Gov. JB Pritzker’s office says he will propose a budget with no tax increases for the upcoming fiscal year, and the deficit is now projected at about $2.5…

A bill endorsed by Gov. JB Pritzker that would eliminate expanded federal tax deductions for businesses created under the CARES Act, failed to pass in the…

Illinois House Republicans say they’re still waiting on Gov. JB Pritzker to propose specific spending cuts to the state’s current year state budget,...

Gov. JB Pritzker announced more than $700 million in spending cuts on Tuesday, calling it a “first step” in closing a $3.9 billion revenue shortfall in…

As the state government attempts to close a multi-billion-dollar budget hole, Democratic House Speaker Michael Madigan has said he is prepared to vote for…

A new report from the Governor’s Office of Management and Budget shows that without significant new revenue, spending cuts or a combination of both, the…

A former Illinois governor says the failure of the proposed graduated income tax leaves some incredibly difficult choices for state lawmakers.Jim Edgar…

Revenues flowing into state coffers from legalized gambling operations plummeted during the fiscal year that ended June 30 as casinos, racetracks and…

In the midst of a global pandemic, despite social distancing, and all while wearing face masks, Illinois state lawmakers approved a new state budget...