Gov. JB Pritzker released his proposed FY 2022 budget on Wednesday.

Gov. JB Pritzker on Wednesday proposed a $41.6 billion budget that maintains current spending levels and is less reliant on anticipated revenue from the federal government than last year, instead depending on diverting certain revenues and closing corporate loopholes.

The host of financial maneuvers and higher-than-anticipated revenue collections are among the main drivers leading the Pritzker administration to boast about having a balanced budget with no tax increases, all while Illinois continues to face the lingering effects of the COVID-19 pandemic.