•February 9, 2022•
After years of working with the General Assembly to make fiscally responsible choices, protect working families and pay down Illinois’ debt, Governor JB Pritzker today proposed his fourth balanced budget, delivering $1 billion in relief from grocery, gas and property taxes as well as making unprecedented payments to state pensions and the rainy day fund.
With revenues from corporate taxes, cannabis, online sales taxes and income far exceeding initial projections, the proposed budget provides significant one-time relief to families, while continuing the responsible fiscal decisions that led to two credit upgrades for the state.
Building on the administration’s previous efficiencies, the budget invests in critical areas of growth and services, including education, public safety and small businesses.
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