Daywatch: Illinois lawmakers head into session’s final days

Good morning, Chicago.

Democrats who control the Illinois General Assembly head into the final days of the spring legislative session with several of the major initiatives Gov. J.B. Pritzker laid out in his February budget proposal, from about $900 million in tax hikes to legislation challenging the insurance industry, still unresolved.

Tax increases on sportsbooks and corporations, which Pritzker’s office says are needed to both balance the budget and maintain the state’s trend of credit upgrades, could be sticking points as legislators negotiate the governor’s $52.7 billion budget proposal. Acknowledging pushback from lawmakers, many of whom are up for reelection in November, the governor’s office has warned state agencies to prepare for cuts to an array of state services.

But at the same time, there is no shortage of interests lobbying for more money. The Chicago Teachers Union and the city’s public school system are seeking an increase in funding. While the CTU has pushed for $1.1 billion it says is needed to fully fund the city’s schools, Chicago Public Schools says it would settle for a $550 million statewide increase in school funding, which remains well above the $350 million Pritzker has proposed.

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