Governor Pritzker Proposes Largest Spending Plan in Illinois History at $49.6 Billion

In his first address before a full joint session of the General Assembly since before the pandemic, Gov. J.B. Pritzker presented his State of the State and budget address Wednesday. Included was a $49.6 billion budget proposal, an increase in spending by over $3 billion from last year’s budget. With the threat of a possible recession on the horizon, some are worried that Gov. J.B. Pritzker’s proposed budget is trending toward future tax hikes.