
Gov. J.B. Pritzker painted a rosy picture of Illinois finances during his election-year budget address Wednesday, asserting that his administration has put the state on its strongest fiscal footing “since the turn of the century.”
The Democratic governor’s good-news budget proposal promises $1 billion in tax relief and increased investments in education and law enforcement, all while contributing an extra $500 million to the state’s nearly insolvent pension funds and pumping $200 million into its long-dry “rainy day” fund.