Congressional Republicans scored a massive victory this summer when they passed President Donald Trump’s tax and spending cuts without a single Democratic vote. But as they return to Washington this fall after a monthlong August recess, they will have to find a way to work with Democrats — or around them — as a government shutdown looms. The annual
It’s the largest budget in state history despite cuts and freezes.
The Illinois Medicaid program currently costs about $33.7 billion a year, according to the Department of Healthcare and Family Services.
Senator says no new taxes on sales or income but full revenue plan is not yet public.
House Republicans have muscled their budget blueprint to passage, with a push from President Donald Trump. The vote late Tuesday evening is a crucial step toward delivering what he’s called his “big, beautiful bill,” with $4.5 trillion in tax breaks and $2 trillion in spending cuts.
News organizations in Illinois can now apply to receive tax credits for journalists that were on their payroll in 2024.
The plan would temporarily fund federal operations and disaster aid, but drops President-elect Donald Trump’s demands for a debt limit increase into the new year. It next goes to the Senate, for expected quick passage.
Illinois lawmakers returned to Springfield Tuesday for the first time since May following news earlier this month that they’re facing a projected $3.2 billion budget deficit.
If the projections hold true, Democratic Gov. JB Pritzker could face difficult financial decisions, from increasing taxes to cutting spending. The relative financial calm that has marked Illinois Gov. JB Pritzker’s six years in office may soon be coming to a close as his administration Friday forecast a more than $3 billion budget shortfall for the
URBANA — The University of Illinois Board of Trustees approved an $8.3 billion budget for the current fiscal year, representing a 6.2% increase from fiscal year 2024. The U of I system reported another record year in student enrollment for the fall semester, with a systemwide total of 97,772 enrolled students at the universities in
Illinois Governor JB Pritzker signed the state budget on Wednesday that eliminates the statewide, 1 percent grocery tax. Because the tax was a source of revenue for local governments, the city of Champaign is looking for ways to offset a loss of about $2.7 million per year.
Two chambers ‘very close’ on agreement, but further amendments expected.
The votes on raising the nation’s debt ceiling fell along party lines among the downstate Illinois congressional delegation.
Rep. Mary Miller (R-IL15) says she will not support the debt ceiling deal negotiated by President Biden and House Speaker McCarthy.
The plodding along on the state budget could still see the Illinois House passing the $50.6 billion spending plan by Friday.