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The Illinois Department of Revenue (IDOR) is expecting revenue from Illinois' “big three” taxes to increase in Fiscal Year 2026, despite economic indicators pointing downward.
IDOR gave a presentation to the House Revenue and Finance Committee Thursday on anticipated revenue for FY26. The department, alongside the Governor’s Office of Management and Budget (GOMB), creates revenue forecasts that are used to determine spending for the new fiscal year.
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Gov. JB Pritzker delivers the annual state of the state and budget address at the State Capitol in Springfield Wednesday. [BlueRoomStream]
Gov. JB Pritzker is proposing a $55.2 billion budget for Fiscal Year 2026 which includes no new taxes and eliminates a healthcare program for undocumented immigrants.
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Gov. JB Pritzker speaks after a roundtable conversation at the Governor's Ceremonial Office in the State Capitol. [BlueRoomStream]
Gov. JB Pritzker is pushing for legislation to lower the cost of prescription drugs, ban the use of cellphones in public schools and add four-year degree options in community colleges.
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Gov. JB Pritzker delivers the 2023 state of the state and budget address. [Blue Room Stream]
Gov. JB Pritzker will deliver his annual budget address Wednesday under the shadow of a looming deficit, spending mandates and the Trump administration.
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Amidst numerous legal challenges to Trump administration policies, the State of Illinois, City of Chicago and Cook County Government are facing a challenge of their own.
A suit filed in federal court by the Department of Justice (DOJ) last week challenges sanctuary laws in the state, specifically naming the Illinois Way Forward Act, the Illinois TRUST Act, Chicago’s Welcoming City ordinance and Cook County’s “Policy for Responding to ICE Detainers.”
Some of these policies have been on the book for more than a decade and have even received Republican support in the past. The Illinois TRUST Act notably was signed in 2017 by Republican Gov. Bruce Rauner.
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Former House Speaker Mike Madigan leaves federal court in Chicago on Oct. 21, 2024 after opening arguments in his corruption trial. Madigan was found guilty on 10 counts Wednesday [Ben Szalinski/The Daily Line]
After former Speaker of the Illinois House Michael J. Madigan was found guilty of bribery conspiracy, bribery and wire fraud Wednesday, some Illinois lawmakers are again calling for ethics reform at the statehouse.
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The Consumer Financial Protection Bureau headquarters in Washington, DC. [G. Edward Johnson/CC by 4.0]
A push by the Trump administration to dismantle the Consumer Financial Protection Bureau (CFPB) has left advocacy groups scrambling and could have long term impacts in states across the country, including Illinois.
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