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Pritzker's Political Future: Where Things Stand After Passage of Illinois Budget

  • On Saturday in Springfield, lawmakers passed a $55 billion budget for fiscal year 2026 that includes close to $400 million in tax hikes and reductions in services.
  • Lawmakers faced pressures from declining revenues attributed by Governor Pritzker to the 'Trump slump,' while critics blamed Democratic policies for Illinois' fiscal troubles.
  • The budget increased state spending by $16.7 billion since Pritzker took office in 2019 and introduced tax hikes on sports betting, tobacco, and corporations alongside a new tax amnesty program.
  • During legislative debates, Republican Rep. John Cabello accused Democrats of delaying tax hike disclosures, while Pritzker urged to 'fight everywhere and all at once' to address fiscal challenges.
  • The passage leaves unresolved issues such as a $770 million shortfall for Chicago Transit and suggests continued fiscal challenges as Pritzker is eligible for reelection in 2026 and rumored to seek higher office.
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Chicago Tribune broke the news in Chicago, United States on Monday, June 2, 2025.
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