Illinois Democrats Reach Budget Deal

The Illinois General Assembly is expected to vote today on a roughly 45-billion-dollar state budget. Governor Pritzker and Democratic legislative leaders announced an agreement yesterday on a spending plan that would include one-point-eight-billion-dollars in tax relief to Illinois residents. The relief plan includes one-time direct payments to most taxpayers and short-term breaks on gas, groceries and real estate taxes. The budget would also pay down one-point-two-billion-dollars in debt and adds one-billion-dollars the state’s Rainy-Day Fund.