WATCH: Tax increases expected before Illinois legislators adjourn veto session

Spread the love

(The Center Square) – Illinois taxpayers may find out they are on the hook for another tax increase before the week is over.

One of the many things legislators continue to hash out is how to address a fiscal cliff for mass transit estimated at $230 million. Senate Minority Leader John Curran said more money is not the answer.

“We should be looking at reform first,” said Curran, R-Downers Grove. “It does not make logical sense to. At the same time, you’re going to put a bunch of reforms in place and put a new group of people in charge. You don’t know exactly what you need. We know the cliff keeps getting pushed out. The amount keeps coming down. Let’s put the new people in first. Let’s reform the structures, let them get their arms around it.”

State Sen. Mike Simmons, D-Chicago, agreed that reforms are needed for the agency, but pushed for the House to pass the package the Senate approved in May that included $1.50 surcharge for retail delivery.

“This is a smart investment, not just for transit, but also for our local economy,” Simmons said. “And there have been endless studies from Crain’s and other sources that make the case that investing in public transit to the tune of $1.5 billion is how we take our economy forward, not backwards, in this region.”

Gov. J.B. Pritzker told reporters in Peoria that the details on how to fund closing the fiscal cliff are still coming together and he is being careful not to sway how it’s paid for.

“I’ve tried to be careful about what I’ve told them because I want to make sure that they are considering all the options, and then, you know, I, from my perspective, what I want to make sure happens is that we end up with a world class transit system for the whole state,” Pritzker said.

Curran warned that legislators are also poised to increase taxes on business owners before the week is out by decoupling from recent federal tax changes.

“The Democrats plan is to increase taxes on the economic engines of our state, while at the same time making taxes more complicated for Illinois,” Curran said.

Legislators are scheduled to wrap up fall veto session in Springfield Thursday.

Events

No events

Leave a Comment





Latest News Stories

WATCH: Trump order withholds funds over no-cash bail policies like Illinois'

WATCH: Trump order withholds funds over no-cash bail policies like Illinois’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Taxpayer resources should not be used to support jurisdictions with cashless bail policies, according to a new...
Trump eyes First Amendment showdown with order to prosecute flag burning

Trump eyes First Amendment showdown with order to prosecute flag burning

By Brett RowlandThe Center Square President Donald Trump signed an executive order Monday requiring federal prosecutors to investigate and prosecute people for burning the American flag, a practice the U.S....
Trump strikes positive tone with South Korean president

Trump strikes positive tone with South Korean president

By Morgan SweeneyThe Center Square Onlookers braced for another tense, confrontational meeting in the Oval Office between President Donald Trump and another world leader when, Monday morning, Trump posted to...
House Oversight Committee to investigate D.C. police over crime data

House Oversight Committee to investigate D.C. police over crime data

By Sarah Roderick-FitchThe Center Square In response to allegations that Washington, D.C.’s Metropolitan Police Department manipulated its crime data, the U.S. House Committee on Oversight and Government Reform is launching...
Twenty years later, Katrina still among Atlantic’s most deadly, costly

Twenty years later, Katrina still among Atlantic’s most deadly, costly

By Alan WootenThe Center Square Twenty years ago this Friday, Hurricane Katrina – once a Category 5 beast – made landfall as a Category 3 first in southeastern Louisiana and...
CBO says tariffs could raise $4 trillion over next decade, raise prices

CBO says tariffs could raise $4 trillion over next decade, raise prices

By Brett RowlandThe Center Square The Congressional Budget Office's estimated that President Donald Trump's tariffs could bring in $4 trillion over the next decade, but will raise consumer prices and...
IL Treasurer to work with lawmakers after Pritzker's veto of nonprofit bill

IL Treasurer to work with lawmakers after Pritzker’s veto of nonprofit bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Treasurer Michael Frerichs is promising to discuss next steps with lawmakers after Gov. J.B. Pritzker vetoed...
WATCH: Chicago reacts to Trump’s public safety push; AI in schools; rural health care

WATCH: Chicago reacts to Trump’s public safety push; AI in schools; rural health care

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop delves into the...
Illinois expands campus abortion access, shields doctors from legal risk

Illinois expands campus abortion access, shields doctors from legal risk

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Gov. J.B. Pritzker signed new laws expanding abortion access on public college campuses while vowing to...
Illinois quick hits: Human trafficking enforcement; health care fraud division announced

Illinois quick hits: Human trafficking enforcement; health care fraud division announced

By Jim Talamonti | The Center SquareThe Center Square Human trafficking enforcement Illinois State Police arrested five individuals during a human trafficking demand suppression operation in the Forsyth area of...
Will County Recorder Graphic.1

Will County Board Approves New Fee Schedule for Recorder of Deeds

Article Summary: The Will County Board has approved a revised fee schedule for the Recorder of Deeds office, which will take effect on October 1, 2025. The changes, based on...
Meeting Briefs

Meeting Summary and Briefs: New Lenox Fire Protection District for July 2025

New Lenox Fire Protection District Meeting | July 2025 The New Lenox Fire Protection District Board of Trustees on July 21, 2025, approved a major capital project and settled a...
Trump plans to clean up Democrat-run cities over local objections

Trump plans to clean up Democrat-run cities over local objections

By Brett Rowland | The Center SquareThe Center Square (The Center Square) – President Donald Trump plans to clean up major U.S. cities that he says are plagued by crime....
WCO Board Aug 21.3

Will County Board Formally Opposes Heavier, Longer Trucks on National Roadways

Article Summary: The Will County Board unanimously passed a resolution opposing any federal legislation that would increase the size and weight limits for commercial trucks on the nation's roadways. The...
new-lenox-park-district.6

New Lenox Park District Finalizes New Fire and Security Monitoring Agreements

New Lenox Community Park District Meeting | July 2025 Article Summary: The New Lenox Community Park District Board of Commissioners has approved two new agreements with Reliable Fire & Security...