Originally published on May 5, 2021 11:51 pm
Illinois’ economy was humming along last winter, a few years removed from the state’s two-year budget impasse in which Illinois’ unpaid bill backlog climbed to nearly $17 billion, and finally experiencing the kind of growth that had eluded the state for years after the Great Recession.
But then COVID-19 hit. Gov. JB Pritzker ordered bars and restaurants closed a few days after the World Health Organization declared the virus a global pandemic, and then a broader stay-at-home order from the governor a week later shuttered dozens of other types of businesses throughout the state.
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04/30/2021 08:18 AM EDT
TGIF, Illinois. I’m making pastitsio and dyeing red eggs this weekend. Happy Easter to all who celebrate.
TOP TALKER
Bruce Rauner, photographed during the 2018 gubernatorial campaign, looks back on his embattled time in Springfield, saying politics is “brutally hard it’s nasty, it’s dirty and ugly. | Getty Image
By Raymon Troncoso
Capitol News Illinois
SPRINGFIELD Members of an Illinois Senate committee sparred with officials from Gov. JB Pritzker’s administration Friday in a hearing on tax changes proposed by the governor in an effort to balance the state’s budget for the 2022 fiscal year.
The Senate Revenue and Appropriations committees held the joint hearing, questioning the directors of the Illinois Department of Revenue and the Governor’s Office of Management and Budget among others.
In his budget proposal released in February, Pritzker outlined nine changes to the corporate tax code meant to generate $932 million in revenue for the state in order to maintain a balanced budget while keeping income taxes and government spending flat for FY 22, which begins July 1.
Republicans challenge Pritzker tax-change proposal
RAYMON TRONCOSO
Capitol News Illinois
SPRINGFIELD – Members of an Illinois Senate committee sparred with officials from Gov. JB Pritzker’s administration Friday in a hearing on tax changes proposed by the governor in an effort to balance the state’s budget for the 2022 fiscal year.
The Senate Revenue and Appropriations committees held the joint hearing, questioning the directors of the Illinois Department of Revenue and the Governor’s Office of Management and Budget among others.
In his budget proposal released in February, Pritzker outlined nine changes to the corporate tax code meant to generate $932 million in revenue for the state in order to maintain a balanced budget while keeping income taxes and government spending flat for FY 22, which begins July 1.