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News
State ends FY26 with $1B in excess; other data shows Illinois ‘lags’
17+ hour, 42+ min ago (521+ words) (The Center Square) – A state commission report showed Illinois brought in more revenue than expected to begin the 2027 fiscal year. A co-chair of the commission says the increase in funds and multiple new credit upgrades are in part a result…...
Illinois SNAP errors could cost taxpayers hundreds of millions
4+ day, 20+ hour ago (50+ words) Illinois has one of the highest SNAP payment error rates in the country, with nearly $660 million in erroneous payments reported for fiscal year 2025. Illinois has one of the highest SNAP payment error rates in the country, with nearly $660 million in…...
Digital asset trade groups pursue legal action against Illinois crypto tax law
4+ day, 20+ hour ago (380+ words) The Blockchain Association, Crypto Council for Innovation, and Digital Chamber are challenging a first-of-its-kind state tax on digital asset business activities Illinois just became the testing ground for a question no other state has dared to answer: can you single…...
Illinois’ top 50 state pensioners averaged $437,000 each last year
4+ day, 22+ hour ago (478+ words) 184 pensioners in Illinois’ five state-run systems received enough in 2025 to put them in the top 5% of U.S. income earners. Illinois’ top 50 public pensioners took in an average of $437,000 each last year. That’s roughly seven times the average annual salary in…...
Travelers Flocked to Illinois Last Year, Generating Over $88 Billion in Economic Impact
1+ week, 2+ day ago (323+ words) Illinois tourism reached new heights last year, breaking records in visitor spending and generating over $88 billion in economic impact Travelers Flocked to Illinois Last Year, Generating Over $88 Billion in Economic Impact Illinois tourism reached new peaks last year, breaking records…...
It’s taken Illinois 14 years to regain an ‘A’ rating from S&P, and we’re still at the bottom of the pack
1+ week, 5+ day ago (473+ words) Wednesday, Sep 2, 2026 - Posted by Isabel Miller Standard & Poor’s downgraded the credit of the state of Illinois on Wednesday because of its weak funding levels for pensions, a move that could make it more expensive for the state to borrow money....
Pritzker record: Illinois 5th-worst for private-sector job growth
1+ week, 5+ day ago (262+ words) Illinois is in the bottom five states for private-sector job growth under Gov. J.B. Pritzker. Since he took office, job growth in the private sector in the state is up less than 0.1%. Under Gov. J.B. Pritzker, private-sector job growth in Illinois has…...
Illinois Quick Hits: S&P Global joins Fitch by raising Illinois bond rating
1+ week, 4+ day ago (216+ words) (The Cente Square) – Illinois has earned its second credit rating upgrade in less than a week, as S&P Global Ratings raised the state’s general obligation bond rating on Tuesday to an A. Illinois still has the lowest credit rating…...
Jeff Rehberger and the Business of Betting Big on Illinois
2+ week, 11+ hour ago (213+ words) Illinois legalized video gaming terminals in 2009. The market that followed was still taking shape, with many operators treating video gaming as one part of a broader business. Jeff Rehberger looked at that landscape and saw something else: a regulated, scalable…...
Illinois SNAP use falls to lowest in 13 years
1+ week, 6+ day ago (485+ words) New federal work requirements are driving the decline. Illinois food stamp enrollment fell in July to its lowest level in at least 13 years, a drop driven by new federal work requirements. About 1.5 million Illinois residents received Supplemental Nutrition Assistance Program…...