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Illinois Democrats, who hold supermajorities in the House and Senate, pushed through a spending plan with little time to spare before the May 31 midnight deadline.
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The finding comes after Gov. JB Pritzker proposed to defund the larger of the two programs at his Budget Address last week.
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The Democratic governor also peppered his seventh budget blueprint — which Republicans derided as the largest in state history — with key policy proposals for the upcoming fiscal year.
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It’s not unusual for annual projections to show deficits in future years. Projections could change by the time Pritzker delivers his budget proposal on Feb. 19.
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Illinois’ largest-ever spending plan increases education, human services and infrastructure funding.
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In order to boost infrastructure spending and avoid a projected fiscal cliff facing the state in the next couple of years, Democrats who control Illinois' government are betting on two of its most rapidly growing revenue sources: sports wagering and video gambling.
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The standard exemption increase will mean an extra $69 or so for families of four. The tax credit will once again be tied to inflation after lawmakers last year quietly untied it.
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Democrats needed three tries to pass $1.1 billion revenue plan just before 5 a.m.
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The fiscal year 2025 spending plan spends $400 million more than what Gov. JB Pritzker proposed in his February budget address.
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Illinois' state agency heads received a letter this week instructing them to identify $800 million in collective budget cuts if lawmakers don’t deliver on Gov. J.B. Pritzker's tax requests.