The state has enormous debts, and state leaders must pay it down or legally restructure obligations. Until they do, the painful reality is we can’t afford new spending.
Illinois state lawmakers’ spending plans came in $410 million higher than what Gov. J.B. Pritzker originally proposed. Taxpayers will be forced to pay $1.1 billion more so Illinois can spend record amounts in fiscal year 2025.
State leaders issued a report touting Illinois’ abandonment of representational government in favor of executive fiat during the pandemic as effective. They failed to take responsibility for job recovery lagging the nation by a year and seeing public schools suffer.
A bill expanding emergency powers for a state agency passed the Illinois Senate and is in the Illinois House. Gov. J.B. Pritzker declared COVID-19 an emergency for more than 3 years, so why is the bill needed?
Illinoisans with children younger than 3 could soon get a break on their state taxes. Gov. J.B. Pritzker’s newest budget would let qualifying parents around the state keep $12 million in taxes.
Gov. J.B. Pritzker’s proposed reduction of Illinois’ standard income tax exemption would increase taxes for over 11 million individuals. Some state leaders warn the effective tax hike would hit working families hardest.
Gov. J.B. Pritzker told Crain’s Chicago Business, “Illinois is back.” But with a long list of state and local fiscal and economic problems, that is more spin than reality.
America is facing a housing affordability crisis. According to a 2022 survey, 73% of Americans said the average person could not afford a home in their area, and 69% were worried about their children and grandchildren being able to afford a home. That’s unfair. Everyone deserves a good roof over their heads. Housing affordability problems...