Illinois Faces Projected $5 Billion Annual Budget Deficit by 2030

Republicans urge Governor Pritzker to avoid tax hikes amid rising spending and economic challenges.

The Governor's Office of Management and Budget forecasts Illinois will face a $5 billion annual deficit by 2030, despite recent tax increases.
Governor J.B. Pritzker disputes the deficit projections, asserting his administration will present a balanced budget as it has in previous years.
Senate Republicans criticize Pritzker's spending priorities, particularly on programs for non-citizens, and demand no further tax increases.
The projected deficits are driven by increased spending on healthcare, education, and government services, coupled with slowing revenue growth.
Illinois faces additional fiscal challenges, including significant pension debt and potential funding gaps for public transit and education.