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Governor urges pension reform, $1 billion tax cut

Gov. Bruce Rauner today urged the Illinois General Assembly to make comprehensive pension reforms and use the savings to give the people of Illinois a nearly $1 billion tax break. The prompt came during the governor’s annual budget address to legislators where he laid... Read More.

State of Illinois sells $4.5 billion in bonds

Today the State sold $4.5 billion in general obligation bonds to pay down a portion of Illinois' roughly $15 billion backlog of unpaid bills. Proceeds from today's bond sale, together with the proceeds from the $1.5 billion Series 2017ABC general obligation bonds that were... Read More.
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State report: Budget out of balance by $1.7 billion

The state’s fiscal year 2018 budget is out of balance by $1.7 billion, according to a fiscal policy report released today by the Governor’s Office of Management and Budget. The imbalance might have been avoided if the General Assembly had enacted $2 billion in... Read More.
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