The head of one of Chicago’s top nonpartisan government research organizations said lawmakers made too many short-term ...

A new $55.2 billion state budget may be more significant for what is not in it than what is. Namely, an agreement on how to pay for the more than $770 million dollar shortfall the Regional Transit ...

As a business leader, would you approve in under 24 hours a 3,400-page annual plan you had just read for the first time? What ...

The narratives around Illinois' budget have sharply diverged, with Democrats touting the paydown of debts and credit rating ...

Just a couple of days after Illinois legislators approved a $55 billion-plus budget loaded with tax increases for the coming 2025-26 fiscal year, budget analysts report revenues show slow growth.

A host of new taxes on things like gasoline, tobacco and sports betting wagers will take effect July 1 after the General ...

Republican Illinois Senate members are suing their Democratic peers over the last-minute rush to OK a $55 billion state ...

State lawmakers built Illinois’ record $55.2 billion budget for 2026 on gimmicks, one-time fixes and piecemeal tax hikes.

The revenue bill creates a tax of 25 cents per wager for a sports betting licensee’s first 20 million wagers accepted, and 50 ...

Approving the bad idea of sweetening Tier 2 pensions for state employees hired after Jan. 1, 2011, would only have driven the state’s horrendous public-pension debt deeper into the hole. At the same ...

Last weekend the state enacted a $55.2 billion General Fund budget for its upcoming 2026 fiscal year. A sizable chunk of that ...

Sterling is one step closer to receiving a designation that could provide up to $50 million in tax incentives for economic development work the city already has started along its riverfront.