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Latest state budget forecast puts brakes on previously predicted surplus

By JERRY NOWICKICapitol News Illinoisjnowicki@capitolnewsillinois.com SPRINGFIELD – The state’s Commission on Government Forecasting and Accountability has decreased its current-year budget forecast by $728 million, erasing much of a once-predicted surplus that had led Gov. JB Pritzker to float the idea of tax cuts earlier this spring. While the commission’s $51.2 million estimate is now […]