Gov. J.B. Pritzker is expected to unveil $1 billion in temporary tax cuts on groceries, property taxes and gas bills in his new budget. It all goes away just months after he seeks reelection Nov. 8, changing little.
Illinois’ weak economic foundations and fiscal mismanagement were preexisting conditions that caused it to suffer a deeper COVID-19 downturn. They will also hurt its recovery.
Transcript, provided by Gov. Bruce Rauner’s office, of his 2016 State of the State address, as prepared for delivery, to the General Assembly on January 27, 2016.
On Wednesday, Gov. Pat Quinn gave his State of the State speech to the Illinois General Assembly and touted what he called a “five-year blueprint” to create more jobs, deliver stronger education and build an economy that works for everyone. With such a lofty promise, one would believe the five-year blueprint was full of landmark...
JOBS AND GROWTH Illinois has the third-highest unemployment rate in the nation More than 1 million Illinoisans are unemployed or underemployed Illinois is projected to be dead last in jobs growth in 2014 78,713 Illinoisans have given up and left the workforce since Dec. 2012 Illinois paid out $266M in improper unemployment insurance payments Illinois...