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Pritzker Gives Fiscal Year 2027 Budget Specifics

By Greg Halbleib Feb 19, 2026 | 5:26 AM
http://Gov.%20JB%20Pritzker%20speaks%20before%20signing%20Illinois’%20fiscal%20year%202026%20budget%20on%20June%2016.%20(Capitol%20News%20Illinois%20photo%20by%20Andrew%20Adams)
Governor JB Pritzker proposed a fiscal year 2027 budget totaling $56 billion as Illinois faces federal funding cuts.
Capitol News Illinois reports the proposal continues to increase investments in education, health care and pensions.
Spending in all other areas would grow by less than 1 percent.
The plan includes a new tax on social media companies with at least 100,000 users in Illinois.
As the state sues to reinstate funding frozen by the federal government, Pritzker said the Trump administration has cost Illinoisans 8.4 billion dollars.
 “I want to say to anyone on either side of the aisle: If you want to talk about our FY 2027 budget, you must first demand the return of the money and resources this President has taken from the people of Illinois.”