SPRINGFIELD, Ill. (AP) — Gov. J.B. Pritzker is proposing a $40.7 billion state budget. He dressed it up Wednesday by dangling the prospect of a $1.4 billion revenue boost if voters approve a radical income-tax overhaul this fall.
The second-year Democrat presented a fiscal outline with virtually no spending increase. It purports to boost spending in key areas such as education.
But Pritzker is holding $1.4 billion “in reserve,” to be used only if a graduated income tax is OK’d. Republicans complained Pritzker is holding the tax question over taxpayers’ heads to secure the additional spending.
