John Patterson

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Illinois

Pritzker details $700 million in FY21 state budget cuts

SPRINGFIELD (The Center Square) – After Illinois voters rejected his progressive income tax amendment, Gov. JB Pritzker has said he plans to focus on cuts to balance the state's budget. On Tuesday, Pritzker has announced plans to reduce state spending by $700 million dollars for fiscal year 2021. The plan includes a hiring freeze, grant reductions, and operational savings. Pritzker: Negotiations with AFSCME, unions ongoing The governor says the state is negotiating with AFSCME and other employee unions to identify […]

todayDecember 16, 2020 72

Business & Lifestyle

Illinois Democrats seeking more than $40 billion in Federal bailout funds for pensions, budget deficits

SPRINGFIELD (The Center Square) -- Illinois lawmakers – citing the state’s pension costs, budget shortfalls, and empty unemployment trust – are asking for more than $40 billion in no-strings-attached aid from the federal government. In a letter to the state's Congressional delegation, Senate President Don Harmon said Illinois state government is projecting significant budget shortfalls in the current, coming and preceding fiscal years. “Illinois could see an estimated revenue loss of $14.1 billion for 2020-2021 due to this pandemic,” they said […]

todayApril 17, 2020 15

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