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Illinois' budget must reflect reality, Pritzker says in his State of the State address

Governor JB Pritzker delivered his seventh State of the State address, discussing plans for education and healthcare along with criticism of President Trump, which led to boos from some lawmakers.
Pritzker announced a projected budget deficit of approximately $3.2 billion for fiscal year 2026, which will necessitate spending cuts or new revenues to address it.
He highlighted significant achievements such as paying down over $12 billion in debt and increasing the rainy day fund to over $2 billion, while also discussing initiatives to cancel medical debt and improve housing affordability.
Pritzker emphasized the importance of addressing high prices for everyday goods due to new tariffs proposed by President Trump and the need for fiscal responsibility in the budget.

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ipmnewsroom.org

Recapping Pritzker's seventh budget address - IPM Newsroom

Illinois Newsroom - The 21st Show provided live coverage of the address along with analysis from two policy experts as well as a special rebroadcast of the speech. The post Recapping Pritzker’s seventh budget address appeared first on IPM Newsroom.

3 days ago

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WFLD

Illinois Gov. JB Pritzker lays out 2026 budget proposal

Illinois Gov. JB Pritzker gave his budget address on Wednesday in Springfield to lay out his plan on how to close a more than $3 billion spending gap.

3 days ago·Chicago, United States

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Bloomberg

Pritzker’s Budget Relies on Higher Revenue in Illinois Amid Risk

Illinois Governor JB Pritzker proposed an approximately $55 billion budget for 2026 that sees higher revenue for the state thanks to stronger-than-expected income tax collections, leading to a potential surplus.

3 days ago·United States

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WMBD

Illinois' budget must reflect reality, Pritzker says in his State of the State address

SPRINGFIELD, Ill. (WMBD) -- Gov. JB Pritzker took to the podium Wednesday for the annual State of the State address where he talked about the upcoming budget as well as other legislation. The two-term Democrat related how he's working to cut out pharmacy benefit managers or PBMs, that he claims make the cost for prescription drugs increase. He also maintains PBMs also hurt local, family-owned pharmacies. Also, he said, the Prescription Drug Affo…

3 days ago

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NBC Chicago

Illinois Gov. JB Pritzker to deliver State of the State budget address

Pritzker will have to address how the state plans to cover what was projected to be a budget deficit of more than $3 billion.

4 days ago·Chicago, United States

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The Center Square

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Fort Wayne Business Weekly

Pritzker to deliver proposed Illinois budget amid mounting spending pressures

(The Center Square) – Illinois Gov. J.B. Pritzker delivers his budget address Wednesday amid a looming budget deficit of $3 billion. Legislators are laying out what they want to hear

4 days ago·United States

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