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Capitol Fax com - Your Illinois News Radar » Report: Bears focusing on Chicago, also want to expand ISFA debt

Capitol Fax com - Your Illinois News Radar » Report: Bears focusing on Chicago, also want to expand ISFA debt
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WILL RAUNER RUN AGAIN? — MARTWICK OPEN TO COMPROMISE — CORRUPTION x2

POLITICO Get the Illinois Playbook newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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

As Illinois works down its bill backlog, how good is the good news ?

As Illinois works down its bill backlog, how good is the good news ? One aspect of the state s wobbly finances is in better shape. But the big picture is much iffier. Sharon Mollerus/Flickr It’s “good news, absolutely” as Taxpayers Federation of Illinois President Carol Portman puts it. “But it’s not ‘out of the woods’ good news.” Portman’s reference is to an overlooked but eye-catching report issued yesterday by Illinois Comptroller Susana Mendoza indicating that the state’s backlog of unpaid short-term bills has dropped to around $3.5 billion, a bare fraction of the near $17 billion it hit under former Gov. Bruce Rauner and the lowest it’s been since at least the Blagojevich administration.

GOP members says proposed tax changes undermine 2019 negotiations

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.

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