Back to today’s briefing

Story perspectives

Pritzker Signs Historic $55.1 Billion Budget with New Taxes

6/17/2025

46 8

Summary

Story summary

Illinois Governor J.B. Pritzker has made history by signing a monumental $55.1 billion budget for fiscal year 2026, set to take effect on July 1. This budget introduces $700 million in new taxes and cuts the Health Benefits for Immigrant Adults program. Pritzker champions fiscal responsibility, drawing a stark contrast to the federal deficits seen during Trump's administration.

1 of 1

Story summary

Illinois Governor J.B. Pritzker has made history by signing a monumental $55.1 billion budget for fiscal year 2026, set to take effect on July 1. This budget introduces $700 million in new taxes and cuts the Health Benefits for Immigrant Adults program. Pritzker champions fiscal responsibility, drawing a stark contrast to the federal deficits seen during Trump's administration.