Illinois slashed its revenue forecast for the coming fiscal year by about $500 million, citing questions around the economic outlook and policies of President Donald Trump that could reduce ...

Illinois taxpayers are on the hook for over a billion dollars of tax increases to fund a $55 billion budget, the most ...

Illinois Democrats introduced what a leading budgeteer described as a $55 billion budget Friday evening ahead of a Saturday ...

Fitch said the negative outlook is “driven by a lack of substantial progress procuring permanent, high-impact solutions” to a ...

The ALEC-Laffer competitiveness index released Tuesday ranks Illinois 46th out of 50 in economic outlook for 2025 and 47th out of 50 in economic performance over the past 10 years. Report author ...

SPRINGFIELD, Ill. (WAND) — Illinois House Democrats approved the $55.2 billion budget shortly before 10 p.m. Saturday. Their spending plan prioritizes investments for education, healthcare, and human ...

Steve Grzanich has the business news of the day with the Wintrust Business Minute. The financial outlook for the City of Chicago has been changed to negative by Fitch Ratings. In its revision, ...

(The Center Square) – The latest Rich States, Poor States report from the American Legislative Exchange Council (ALEC) places Illinois among the very poorest in the U.S. The ALEC-Laffer ...