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Illinois Budget Crisis Averted: Senate Passes $53 Billion Budget After Hours of Negotiation

Illinois Senate Passes $53 Billion Budget After Hours of Negotiation

Taxes and Funding: The Challenges Behind the Budget

Last Sunday night, the Illinois Senate finally passed a big budget for the state. This budget was worth $53 billion. The senators worked hard for many hours to agree on the budget. Now, the budget will go to the Illinois House to be approved. The House will probably take up the budget after the Memorial Day holiday.

The budget was a big problem for the Democrats. They had to agree on how to get more money from taxes. The governor, Governor Pritzker, wanted an extra $800 million from taxes. He wanted to get this money from sports betting and by limiting how much companies can deduct from their taxes. This money would be used to fund important programs and services.

READ ALSO: California’s Top News: Don’t Miss Out on Your Tax Refund!

Illinois Budget Crisis Averted: Senate Passes $53 Billion Budget After Hours of Negotiation (PHOTO: GOOGLE)

Budget Passed: A Relief for Illinois State Agencies

As the deadline got closer, the governor’s office sent a warning to all state agencies. They told the agencies to prepare for possible cuts if the budget was not passed. The senators were under a lot of pressure to agree. But in the end, they were able to work together and pass a budget that would keep the state running smoothly.

READ ALSO: Thousands of Californians Haven’t Activated TheirMiddle-Classs Tax Refunds

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