Overview
- The governor’s hold‑the‑line proposal totals $54.8 billion in general funds (about $56 billion including transfers) and projects a roughly $24 million surplus.
- The plan seeks about $200 million for K‑12 from a new fee on large social media platforms, about $120 million by taxing casino table games like slots, and $269 million by tightening corporate loss deductions.
- Pritzker also calls for a two‑year pause on new data center tax incentives and advances housing, education and energy measures including zoning changes, a student cellphone ban, and work to identify nuclear plant sites.
- He attributes budget uncertainty to Trump administration funding actions, citing $8.4 billion in losses, while officials estimate a $399 million hit next year and continue litigation to retain roughly $1 billion in federal grants.
- Progressive revenue proposals circulating in the legislature were not included, Republicans blasted the plan and costs under Democratic policies, and lawmakers now begin three months of negotiations to finalize the FY2027 budget.