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    Revolution Radio Your home for the best variety of Christian music

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    We'll See About That with Ron Cey Episode 157 Leave Tom Hardy Alone! Ron Cey

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Commission on Government Forecasting and Accountability

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Illinois
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Capitol News Illinois

Illinois budget picture tightens in final stretch

SPRINGFIELD (Capitol News Illinois) -- Growing pessimism over the direction of the global economy is leading budget analysts for the governor’s office and Illinois’ legislature to temper revenue expectations less than three weeks before lawmakers are set to finalize a new budget. Both the governor’s budget office and the General Assembly’s Commission on Government Forecasting and Accountability revised revenue projections for the current year and fiscal year 2027 down by less than 1%. While the change is small and generally […]

todayMay 14, 2026 52 1

Illinois Governor Governor’s office cuts revenue projection by $500M in latest downward estimate
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Capitol News Illinois

Governor’s office cuts budget revenue projection by $500M

SPRINGFIELD (Capitol News Illinois) — Gov. JB Pritzker’s office is now projecting state revenues to come in about a half-billion dollars below the baseline projections assumed during his February budget address. The latest downward revision comes as lawmakers are entering the final two-week stretch to approve a budget before their May 31 deadline amid increasing economic uncertainty. While Pritzker’s office blamed changes made by the Trump administration for revenue shortfalls, the new fiscal reality is almost certain to make passing […]

todayMay 16, 2025 84

Illinois Pritzker
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Capitol News Illinois

Pritzker must address multi-billion-dollar deficit

SPRINGFIELD (Capitol News Illinois) — The relative ease of budgeting following the pandemic thanks to federal aid and strong tax revenue surpluses for the state appears to be over. Gov. JB Pritzker will present his seventh budget proposal Wednesday as the state faces a projected $3.2 billion revenue shortfall for fiscal year 2026, which begins July 1. Federal pandemic aid has all been allocated and the economy has slowed, leaving tax revenue projections relatively flat for the coming years. On […]

todayFebruary 17, 2025 114

Illinois pension
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Capitol News Illinois

State lawmakers consider pension changes

SPRINGFIELD (Capitol News Illinois) — Changes that would make Illinois pension systems compliant with Social Security by improving benefits for government employees hired since 2011 could be on the table when lawmakers return to Springfield in January.   The General Assembly passed legislation in 2010 to create a second tier of state pension benefits in hopes of reducing long-term liabilities. But the latest benefits structure for employees entering the government workforce after 2010, known as Tier 2, has raised concerns about […]

todayDecember 26, 2024 145

Business & Lifestyle

Syverson says now is the time for Illinois to push forward on gaming expansion

SPRINGFIELD (INN) -- One state lawmaker says now is the time for Illinois to push forward on gaming expansion. State Senator Dave Syverson, R-Rockford, says a bill that would allow for up to six new casinos in the state already has passed the Senate and it’s simply waiting for the House to weigh in. “We just need the speaker to allow a vote in the House,” Syverson said. “The last two years he hasn’t allowed his members to vote on […]

todayJanuary 22, 2018 60

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