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Trump cuts Illinois economy

Capitol News Illinois

Report: Trump cuts could shrink Illinois economy by $10B

SPRINGFIELD (Capitol News Illinois) -- Recent cuts by President Donald Trump’s administration could reduce the size of Illinois’ economy by nearly $10 billion each year, according to a new report released Monday by the Illinois Economic Policy Institute. The report offers a detailed look at the effects of cuts enacted by Trump through executive order or legislation, directives by federal agency leaders, or through Elon Musk’s so-called “Department of Government Efficiency.” It also sheds light on how many jobs will […]

todayDecember 2, 2025

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

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

money tariffs person holding a black wallet

Commentary

COMMENTARY: You thought things were bad? It’s about to get worse with these tariffs.

We have a huge problem here, and they're related to the tariffs levied on the United States' top three trade partners. Americans have been suffering through inflation that plagued the first Trump administration and the entire Biden administration. Surprise, surprise: nothing has changed with the second Trump administration so far. Now Americans will be forced to suffer even more with Tuesday's tariffs on trade partners Canada, Mexico, and China. How? Because once existing inventory is exhausted, cost of living is […]

todayMarch 4, 2025

Trump U.S. tariffs

National

Mexico, Canada retaliate to U.S. 25% tariffs

OTTAWA/MEXICO CITY/WASHINGTON (UPI) -- Mexico and Canada on Tuesday responded to tariffs imposed by the United States with retaliatory levies. Mexican President Claudia Sheinbaum said that the tariffs inflicted on imports from her country by the United States are not justified, and that retaliatory tariffs will be declared this weekend. "We have decided to respond with tariff and non-tariff measures that I will announce on Sunday," Sheinbaum said. Canadian Prime Minister Justin Trudeau announced Monday that his country would respond with 25% tariffs against […]

todayMarch 4, 2025 16 17

Illinois Pritzker

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

Illinois health vaccine

Capitol News Illinois

How RFK Jr.’s health proposals could affect Illinois

WASHINGTON/SPRINGFIELD (Capitol News Illinois) -- Every new presidential administration comes with policy changes, but the incoming second administration of President-elect Donald Trump and his proposed secretary of Health and Human Services, Robert F. Kennedy Jr., could dramatically reshape the public health landscape. Kennedy, a former political rival of Trump, became a close ally of Trump over the final months of the 2024 campaign and was named to the HHS post shortly after the election. The department houses the National Institutes […]

todayDecember 5, 2024

Illinois State Board of Elections

Capitol News Illinois

Illinois State Board of Elections certifies 2024 election results

SPRINGFIELD (Capitol News Illinois) — Vice President Kamala Harris won Illinois by nearly 11 points as turnout dipped in 2024, according to official election results certified by the State Board of Elections. The board met Monday to certify the results of the 2024 election and released final vote totals for races around the state, including locking in several close legislative races. The results also reflected shifts in turnout and voting behavior. Illinois saw turnout dip in 2024 compared to recent […]

todayDecember 5, 2024

RFK Jr. Robert F. Kennedy Jr. Supreme Court

Decision 2024

Supreme Court rejects RFK Jr.’s bid to be removed from Michigan, Wisconsin ballots

WASHINGTON (UPI) -- The U.S. Supreme Court rejected Robert F. Kennedy Jr.'s last-ditch bid Tuesday to remove his name from the presidential ballots in the swing states of Michigan and Wisconsin. Kennedy, who ended his independent presidential campaign and endorsed Donald Trump, made an emergency appeal to the Supreme Court in an effort to make sure his name did not inadvertently draw votes from the former president. Last week, Kennedy issued two separate emergency requests, which argued that forcing his name to remain on the ballot compelled his […]

todayOctober 29, 2024 5 3

government shutdown spending deal

National

Weekend spending deal averts government shutdown

WASHINGTON (UPI) -- Washington lawmakers reached a spending plan Sunday that will keep the government operating through December, avoiding a looming shutdown. The deal keeps federal agencies funded and staves off what could have been a government stoppage Oct. 1, the start of the new fiscal year. This move allows lawmakers to push a decision on future spending until after the November election. House Speaker Mike Johnson described the measure as "bare bones," and only included funding extensions that are absolutely necessary. Speaker of the House Mike […]

todaySeptember 22, 2024

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