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2025 Illinois Budget: $53.1 Billion Allocated for Education and Financial Relief, Including New Child Tax Credit

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Illinois $53.1 billion budget for 2025 emphasizes education and financial relief including a new child tax credit and increased funding for early childhood programs and K-12 schools. Illinois Passes $53.1 Billion Budget Prioritizing Education and Financial Relief Illinois recently passed a $53.1 billion budget, focusing on education and financial relief. Governor Pritzker praised its balance … Read more

Illinois Budget Battle: Tax Hikes and Controversy Over Funding for Non-Citizens and Education

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Illinois Senate Approves Budget with $870 Million in Tax Increases Budget Aims to Reduce Poverty and Improve Healthcare with Funding for Non-Citizens and Education Initiatives According to Stateline, The Illinois Senate voted on Governor JB Pritzker’s budget for the next year. The budget includes a plan to raise $870 million more in taxes. This money … Read more

Illinois Senate Approves $53.1 Billion Budget Plan

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Illinois Senate Approves $53.1 Billion Budget Plan

The Illinois Senate has passed a $53.1 billion state budget for fiscal year 2025 following extended negotiations. The budget, which generates nearly $53.3 billion in revenues, was approved in a 38-21 vote late Sunday night. The House is expected to vote on the budget this week before it heads to Governor JB Pritzker’s desk. Key … Read more

Illinois Governor Pritzker Proposes $52.7 Billion Budget with Tax Adjustments and Policy Focus

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Illinois Governor J.B. Pritzker revealed his proposed $52.7 billion budget for the upcoming fiscal year, emphasizing the necessity of making tough decisions amidst increased spending demands and tighter revenue projections. The budget, presented as Pritzker’s sixth proposal, includes measures aimed at addressing various societal needs while navigating fiscal constraints. To balance the budget, Pritzker suggests … Read more