MAY 13, 2021
Gov JB Pritzker on Wednesday pushed back against recently issued guidance from the federal government outlining how states could spend money from the American Rescue Plan.
Illinois lawmakers received good and bad news this week as they continue to consider Gov. JB Pritzker’s proposed budget for the upcoming fiscal year.
On the positive side, revenue collections in Illinois in recent months have surpassed expectations, leading the Commission on Government Forecasting and Accountability to significantly increase its revenue projections for the current and upcoming fiscal year. However, new preliminary guidance released this week by U.S. Treasury officials could scramble state leaders’ plans to right Illinois’ financial ship.
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