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Wednesday, February 18, 2026

Pritzker Proposes $56 Billion Budget Amid Threat of Federal Cuts

 


Illinois Governor JB Pritzker proposed an approximately $56 billion budget for the coming year as the state faces higher costs and more uncertainty around federal funding under President Donald Trump.

Pritzker on Wednesday laid out a revenue proposal that counts on rising individual income tax collections and a proposed new fee on social media tech companies to help cover increasing costs for items including pensions, public safety and education.

https://www.bloomberg.com/news/articles/2026-02-18/pritzker-proposes-56-billion-budget-amid-threat-of-federal-cuts

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