Pritzker Celebrates FY26 Budget Despite GOP Concerns About $55.2 Billion Spending Plan
- Late Saturday night in Springfield, Illinois, Democratic lawmakers approved a $55.2 billion budget for the fiscal year 2026.
- The budget passed shortly before midnight after limited public review and includes roughly $1 billion in new taxes on sports betting, nicotine products, and businesses.
- This spending plan reflects a 3.9% increase from the previous year, is supported by $55.3 billion in revenue, includes a $100 million emergency fund, and cuts a health insurance program for noncitizens.
- Governor JB Pritzker stated he would sign the plan, calling it "a testament to Illinois' fiscal responsibility" despite the budgetary challenges caused by federal policy uncertainties.
- Republicans criticized the budget for insufficient cuts and tax hikes, while Democrats defended it as necessary for maintaining commitments amid economic and federal funding challenges.
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* ICYMI: New taxes on sports bets, nicotine products as Democrats pass $55.2B budget. Capitol News Illinois… Illinois Democrats pushed through a $55.2 billion budget for next fiscal year late Saturday, bolstering coffers with new taxes on sports bets, nicotine products and businesses. The budget marked a roughly 3.9% spending increase from the current year, [...]
Illinois GOP chair Salvi: Gov. 'Pritzker and Illinois Democrats have driven our state into the ground'
Kathy Salvi, chair of the Illinois Republican Party, said that Democratic leadership has mismanaged the state budget amid negotiations in Springfield. The statement was made in a press release."JB Pritzker and Illinois Democrats have driven our state into the ground," said Salvi.In late May 2025, Illinois lawmakers passed a $55.2 billion state budget just before the General Assembly's deadline, following heated debates in Springfield. According …
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