Rich Miller: Illinois lawmakers eye a permanent $300 child tax credit, but where’s the money? – Chicago Sun-Times
“The problem, of course, is the cost, pegged at about $300 million per year. As I’ve told you before, numbers crunchers with the Governor’s Office of Management and Budget are saying Illinois could face a budget deficit of $891 million next fiscal year, which begins July 1. That deficit could rise to $1.4 billion in fiscal year 2026 and $1.66 billion in FY27. But this issue has real potential to take off in the General Assembly.”