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Illinois' budget must reflect reality, Pritzker says in his State of the State address

  • Illinois Governor J.B. Pritzker addressed the General Assembly about a projected budget deficit of $3 billion during his budget address on Wednesday.
  • Pritzker proposed a budget of $55.2 billion, which is $2 billion more than the current fiscal year budget, aiming for balanced spending despite slow revenue growth.
  • State Senator Robert Martwick expressed hope for clarity on budget priorities during challenging times, while Senator Chapin Rose criticized Pritzker for budget increases of 32% since 2019.
  • The proposed budget allocates around one-quarter of spending to education and includes cost-saving efficiencies in government operations.
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WirePoints Illinois Financial News broke the news in on Tuesday, February 18, 2025.
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