Illinois Chamber of Commerce

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Illinois economy

Capitol News Illinois

Illinois economy surges in first quarter

Signs of pandemic stress still linger

SPRINGFIELD (Capitol News Illinois) – The Illinois economy showed strong signs of recovery during the first quarter of 2021 as businesses continued to reopen from the pandemic and direct government payments flowed to businesses and individual consumers. Data released last week from the U.S. Bureau of Economic Analysis showed the state’s economy grew at an annual rate of 6.4 percent during the quarter as its gross domestic product – the market value of all goods and services produced by labor […]

todayJune 29, 2021 3

Pritzker Illinois

Capitol News Illinois

Pritzker outlines $41.6 billion budget with flat spending

Plan relies heavily on federal funds, corporate tax changes

SPRINGFIELD (CNI) – Gov. JB Pritzker outlined a $41.6 billion budget proposal Wednesday that would hold most state agencies at flat funding levels but which relies heavily on changes to the state’s corporate tax structure that lawmakers have not yet approved. The budget proposal, which is only the governor’s request for lawmakers in the General Assembly, does not call for income tax increases. Over the next four months, lawmakers will work on an operating budget of their own to send to […]

todayFebruary 17, 2021 3

Decision 2020

Ad blitz begins for Pritzker’s progressive income tax proposal

SPRINGFIELD (The Center Square) – Illinois voters will decide whether the state will move to a progressive income tax model from a flat tax this November, and the advertising blitz is underway. The group “Vote Yes for Fairness” and AARP have produced ads supporting the proposed constitutional amendment. One ad claims 97 percent of Illinoisans will pay the same or less in taxes, while people making above $250,000 will pay more. Another ad said a yes vote will raise taxes […]

todayAugust 24, 2020 7

East Central Illinois Region

Bipartisan group of lawmakers, advocacy groups push for Illinois fair map amendment

SPRINGFIELD (The Center Square) -- A group of lawmakers from both sides of the aisle and several advocacy groups is turning up the pressure on the Illinois Legislature to pass an amendment to allow voters to change how legislative districts are drawn in Illinois. The goal is to prevent gerrymandering of the state's political boundaries. In Illinois, politicians control how legislative boundaries are drawn every ten years. This type of redistricting has been criticized as politicians picking their voters rather than […]

todayFebruary 14, 2020 13

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