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Capitol News Illinois

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Illinois general revenues top $50 billion for first time
Pandemic-driven windfalls not expected to last long into current year

SPRINGFIELD (Capitol News Illinois) – State tax revenues grew by $5.5 billion in the fiscal year that concluded on June 30, exceeding $50 billion for the first time in Illinois’ history, according to a new report from a state budgeting agency. The 12 percent base revenue growth in Fiscal Year 2022 gave lawmakers near-unprecedented flexibility in the current budget year. That allowed the General Assembly to approve $1.8 billion in tax relief, pay $500 million more to state pensions than […]

July 8, 2022 33

Capitol News Illinois

Holder White sworn in as first Black woman on state Supreme Court
Republican justice succeeds Rita Garman

SPRINGFIELD (Capitol News Illinois) – Lisa Holder White was sworn in Thursday as the first Black woman to serve on the Illinois Supreme Court. Holder White, who previously served on the 4th District Court of Appeals, was chosen to succeed one of her mentors in the legal profession, retiring Justice Rita B. Garman, who broke many barriers herself as a woman in what was then a male-dominated profession. “It is truly a historic day for the Land of Lincoln,” Garman […]

July 8, 2022 27

Capitol News Illinois

Temporary tax relief measures to begin Friday in Illinois
Rebates to be mailed while other taxes put on temporary pause

SPRINGFIELD (Capitol News Illinois) – Illinoisans will receive some modest tax relief starting Friday when the state’s new fiscal year begins. That includes some income tax rebates, property tax rebates, a suspension of the state’s 1 percent tax on groceries, and a six-month pause on the scheduled inflationary increase in the state’s motor fuel tax. Gov. JB Pritzker and legislative Democrats held a news conference publicizing those tax breaks as consumers grappled with 8.6 percent inflation, the highest rate in […]

July 1, 2022 7

Capitol News Illinois

Six Republicans vie to unseat Pritzker
Crime, taxes, abortion, Trump all play heavily in campaign’s final stretch

SPRINGFIELD (Capitol News Illinois) – Republican voters in Illinois will choose from six candidates to challenge incumbent Democratic Gov. JB Pritzker in the upcoming June 28 primary. Field of Republican candidates seeking the nomination The field includes a conservative farmer and state lawmaker who is the recent polling frontrunner, the mayor of Illinois’ second largest city, a former state senator, and three political newcomers. Darren Bailey Darren Bailey, 56, is a conservative state senator from Xenia, a small town in […]

June 24, 2022 25

Capitol News Illinois

Pritzker calls special session on reproductive rights
Move prompted by U.S. Supreme Court overturning Roe v. Wade

SPRINGFIELD (Capitol News Illinois) – Gov. JB Pritzker will call a special session of the General Assembly in the coming weeks to focus on legislation to strengthen women’s access to abortion and other reproductive health services in Illinois. Pritzker made that announcement Friday, just hours after the U.S. Supreme Court released an opinion overturning the landmark 1973 abortion rights case Roe v. Wade. Pritzker: "We knew this day was coming" “We knew this day was coming,” Pritzker said at a […]

June 24, 2022 33

Capitol News Illinois

Fitch, S&P announce Illinois credit ratings upgrades
Rating agency cites ‘fundamental improvement’ in state’s fiscal outlook

SPRINGFIELD (Capitol News Illinois) – Fitch Ratings on Thursday raised the state of Illinois’ rating for general obligation bonds two notches, to BBB+, while S&P Global Ratings on Friday upgraded state bonds by one notch. That means all three major credit rating agencies have updated Illinois credit by two notches in the past year. “The upgrade to 'BBB+' reflects fundamental improvements in Illinois' fiscal resilience including full unwinding of pandemic-era and certain pre-pandemic non-recurring fiscal measures, meaningful contributions to reserves, […]

May 7, 2022 6

Capitol News Illinois

What’s in Illinois’ $46 billion budget package?
Increased education spending coupled with tax relief for workers, homeowners

SPRINGFIELD (Capitol News Illinois) – Illinois Gov. JB Pritzker signed a package of bills Tuesday that make up a roughly $46 billion FY2023 state general revenue funds budget. It includes increased funding for education and human services and $1.8 billion in mostly-temporary tax relief. Pritzker signed the bill during a ceremony at Chicago State University where he was joined by students who stand to benefit from increased funding for higher education, including more money for student financial aid through the […]

April 19, 2022 17

Capitol News Illinois

Mendoza urges automatic payments into ‘rainy day fund’
State’s financial cushion was exhausted during budget impasse

SPRINGFIELD (Capitol News Illinois) – Illinois Comptroller Susana Mendoza is pushing legislation that would require the state to make automatic deposits into its so-called “rainy day fund” whenever certain financial conditions are met. Officially known as the Budget Stabilization Fund, it was created in 2001 as a reserve so the state could pay its bills in a timely manner, especially during regular months of the year when revenues are lower than other months. The goal was to maintain a reserve […]

March 13, 2022 38

Capitol News Illinois

DCFS Director comes under fire for child deaths, improper placements
Cook County judge finds him in contempt for sixth time

SPRINGFIELD (Capitol News Illinois) -- A Cook County judge this week found the director of the Illinois Department of Children and Family Services in contempt for the fifth and sixth time this year for housing two girls in locked psychiatric facilities unnecessarily. Director Marc Smith faced four previous contempt citations for failing to place children in proper homes in violation of court orders. Each of the six contempt citations included a $1,000-per-day fine for Smith. After being found in contempt, […]

March 4, 2022 20

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Capitol News Illinois

Illinois general revenues top $50 billion for first time
Pandemic-driven windfalls not expected to last long into current year

Pandemic-driven windfalls not expected to last long into current year

Holder White sworn in as first Black woman on state Supreme Court
Republican justice succeeds Rita Garman

Republican justice succeeds Rita Garman

Temporary tax relief measures to begin Friday in Illinois
Rebates to be mailed while other taxes put on temporary pause

Rebates to be mailed while other taxes put on temporary pause

Six Republicans vie to unseat Pritzker
Crime, taxes, abortion, Trump all play heavily in campaign’s final stretch

Crime, taxes, abortion, Trump all play heavily in campaign’s final stretch

Pritzker calls special session on reproductive rights
Move prompted by U.S. Supreme Court overturning Roe v. Wade

Move prompted by U.S. Supreme Court overturning Roe v. Wade

Fitch, S&P announce Illinois credit ratings upgrades
Rating agency cites ‘fundamental improvement’ in state’s fiscal outlook

Rating agency cites ‘fundamental improvement’ in state’s fiscal outlook

What’s in Illinois’ $46 billion budget package?
Increased education spending coupled with tax relief for workers, homeowners

Increased education spending coupled with tax relief for workers, homeowners

Mendoza urges automatic payments into ‘rainy day fund’
State’s financial cushion was exhausted during budget impasse

State’s financial cushion was exhausted during budget impasse

DCFS Director comes under fire for child deaths, improper placements
Cook County judge finds him in contempt for sixth time

Cook County judge finds him in contempt for sixth time

REVOLUTION RADIO PREVIOUS SONGS

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Capitol News Illinois

Pandemic-driven windfalls not expected to last long into current year

Republican justice succeeds Rita Garman

Rebates to be mailed while other taxes put on temporary pause

Crime, taxes, abortion, Trump all play heavily in campaign’s final stretch

Move prompted by U.S. Supreme Court overturning Roe v. Wade

Rating agency cites ‘fundamental improvement’ in state’s fiscal outlook

Increased education spending coupled with tax relief for workers, homeowners

State’s financial cushion was exhausted during budget impasse

Cook County judge finds him in contempt for sixth time

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