Overview

• The proposed $55.2 billion budget was released Friday, about 30 hours before the May 31 constitutional deadline to pass it with a simple majority.
• Revenue measures include higher levies on cigarettes, vaping products and gambling to generate over $1 billion in new funding.
• A $400 million cut to the Health Benefits for Immigrant Adults program would end coverage for roughly 33,000 noncitizens aged 42-64.
• The plan grants a 5% pay increase for legislators—boosting salaries to $98,304—and trims $382 million from administrative spending to brace for potential federal funding shortfalls.
• Separate talks continue on restructuring the Northern Illinois Transit Authority and closing a $771 million fiscal cliff for the Chicago-area mass transit system.