How Illinoisans are cutting back on spending - Chicago Sun-Times

Nov 7, 2024 · In today’s newsletter, we take a look at how Illinoisans have cut back their spending in response to higher expenses. Plus, we’ve got reporting on a local Trump bump, why a …

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Illinoisans Cut Back On Spending To Cope With Higher Expenses

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Nov 4, 2024 · To cope with rising costs, people are cutting back on spending. Among Latinos surveyed in Illinois, 62% say they are eating out less; 46% are cutting back on buying clothes; …

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Illinoisans Cut Back On Spending To Cope With Higher Expenses

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Nov 4, 2024 · To cope with rising costs, people are cutting back on spending. Among Latinos surveyed in Illinois, 62% say they are eating out less; 46% are cutting back on buying clothes; …

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Hike Chicago Police Reform Budget Or Risk Being Held In Contempt ...

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3 days ago · Ted joined Greg Bishop to discuss the state’s projected $5 billion annual deficits, why Gov. Pritzker is increasing spending even though the covid bailout money has finally run …

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CITY HALL DISTANCES ITSELF FROM TAX PLAN - PressReader

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May 18, 2023 · Johnson’s proposed financial transaction tax is minuscule compared to the $1 or $2 per trade the group proposes. Other ideas — such as a 3.5% tax on city income over …

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Gov. Pritzker Says Eliminate Grocery Tax; Cities Could Lose ... - WICS

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Feb 23, 2024 · He said Decatur has a $90 million annual budget. Back in July of 2022, the Illinois grocery tax was suspended for a year. The state estimated it saved taxpayers $360 million. …

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Taxpayers To Receive Checks As Part Of Illinois Budget Deal - NBC …

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Apr 8, 2022 · Democratic lawmakers in Springfield have announced an agreement on a new budget, with more than $1.8 billion in tax relief coming for Illinois taxpayers, including direct …

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Here Are The Tax Cuts Included In Illinois’ Newly ... - NBC Chicago

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Published April 9, 2022 • Updated on April 11, 2022 at 10:56 am. Illinois lawmakers approved a $46.5 billion budget Saturday that includes $1.8 billion in election-year tax relief, but in which ...

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FAQs about How Illinoisans are cutting back on spending - Chicago Sun-Times Coupon?

How did Quinn's budget gimmick affect Illinois?

Billions in debt let Illinois politicians present a balanced budget. But the reality is Quinn’s borrowing shifted the state’s current-year obligations from the pension system to long-term bond repayments, spreading the burden to future taxpayers. 2011’s budget gimmick ...

Will Illinois residents benefit from a $46.5 billion budget?

Illinois lawmakers approved a $46.5 billion budget Saturday that includes $1.8 billion in election-year tax relief, but in which areas will residents benefit? First and foremost, some Illinoisans will receive direct checks. ...

Did new money solve Illinois' finances?

New money didn’t solve Illinois’ finances. Instead, it relieved Illinois lawmakers from pressure to enact needed spending reforms. Lawmakers simply spent the money and left Illinois on a budgetary cliff when the tax hike expired. That’s why the state’s credit rating suffered. ...

Is Illinois in the worst fiscal shape of any state?

“COVID is just the latest in a series of screwups and bad circumstances that led to state of Illinois to be in the worst fiscal shape of any state in the country,” Mooney said. The page "Libertarians: Diligently Plotting" acknowledged the state's financial past in its response to USA TODAY's request for comment. ...

Why did Illinois take out more debt?

2009, 2010 budgets borrowed to cover for pensions In 2008 and 2009, Illinois’ pension contributions began to spike due to growing Edgar ramp requirements. Rather than reform pensions, Quinn resorted to taking out more debt to make the state’s 2010 and 2011 budgets balance. ...

Does Illinois need a comprehensive reform budget?

Illinoisans need a comprehensive reform budget that includes not just a property tax freeze, but reforms to pensions, Medicaid, higher education and state worker compensation. The state can’t leave those fixes for later – certainly not if it means higher taxes and more gimmicks. ...