Pritzker proposes $56B budget with minimal new spending, tax on social media companies

Pritzker proposes $56B budget with minimal new spending, tax on social media companies

Author: St. Louis Public Radio February 24, 2026 Duration: 17:06
Illinois Gov. JB Pritzker unveiled the final budget address of his second term, proposing a $56 billion plan that largely maintains the status quo while navigating federal funding cuts and rising costs. The budget includes targeted tax increases on social media companies and modest growth for education and pensions. STLPR Metro East reporter Will Bauer breaks down the speech and Pritzker’s priorities.

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