Illinois’ budget on track for deficit as new federal policies create challenges
State lawmakers also face a $2.2 billion deficit next fiscal year, the report projects.
State lawmakers also face a $2.2 billion deficit next fiscal year, the report projects.
The White House on Friday froze $2.1 billion in federal funding for Chicago transit projects.
Illinois successfully sued the Trump administration for release of the funds.
Democratic candidates for U.S. Senate made stops around Illinois to highlight problems they have with Trump’s “big beautiful” policy bill.
New federal law limits how states like Illinois fund their share of Medicaid costs and direct payments to local hospitals.
Total funding for Illinois housing programs declined by more than $14 million in the FY26 budget as homelessness increased.
The bill would cut federal Medicaid spending in Illinois by an estimated 20%, or $48 billion, over 10 years.
Raoul asked lawmakers for a $15 million increase.
Illinois lawmakers are watching Congress to see whether federal action will require them to return to Springfield to amend the ...
The budget measures passed just before midnight with little time for public review.