IL passes first budget in 2 years

Illinois has its first budget in over two years. The House voted to override Governor Bruce Rauner’s veto on the $36 billion spending plan on Thursday. Rauner vetoed the bill because he said it lacked the requirements he’d requested and raised taxes on Illinois families.

The spending plan will be supported by a $5 billion tax increase that raises the state’s income tax from 3.75 percent to 4.95 percent. Lawmakers said the increase was necessary to cover the state’s $6.2 billion deficit and $14.7 billion in overdue bills.

Illinois Department of Transportation will resume the road construction it had halted when the House didn’t make the original July 1 deadline.

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