Reveille

Illinois Budget Faces $2.2B Deficit as Spending and Taxes Rise

This Reveille breaks down Illinois budget growth under J.B. Pritzker, including average annual increases of more than $2 billion, nearly 50 tax and fee hikes, and record bonded debt of nearly $90 billion. Ives also reviews warnings from the governor’s own budget office regarding potential Medicaid and SNAP cost increases, as well as federal funding reductions highlighted by the Commission on Government Forecasting and Accountability, and reporting from the Chicago Tribune.

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