The House speaker’s proposal to hike taxes on small businesses failed to garner the 71 necessary “yes” votes needed to pass out of the House on April 20.

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.

Restoration of child-care cuts fails in Illinois House.

To craft a balanced budget, lawmakers must go back to the drawing board.

In 2011, Illinois lawmakers passed the largest income tax increase in the state’s history with the promise that the increase would sunset in 2015 and income tax rates would return to their previous rates. In other words, the income tax increase was made to be temporary. Today, on the cusp of the income tax increase...