SPRINGFIELD, ILLINOIS (February 19, 2025) — Governor JB Pritzker presented an optimistic outlook for the Illinois economy during his budget address; however, several fiscal concerns remain unaddressed. The Illinois Chamber of Commerce supports commitments to long-term structural fiscal stability, a strong education system, and forward-thinking investments that promote business growth and new investments in the Land of Lincoln — all with no new taxes.
We encourage Gov Pritzker and the General Assembly to continue to address the economic and regulatory obstacles that impede job growth in Illinois. Significant budget pressures, including the impending transit cliff, were not addressed in today’s speech and raised concerns for Illinois businesses and tax-payers. For Illinois to take its rightful place as a national economic leader, new policies need to be enacted that support rather than burden job creators.
While we appreciate the Governor’s efforts to attract new business to Illinois through initiatives like the shovel-ready program, the Chamber will continue to advocate for both lowering the mandated cost of doing business while furthering investment in existing small- and medium-sized businesses to help them grow and create jobs for families in Illinois.
The Illinois Chamber stands ready to work with legislators on both sides of the aisle in the General Assembly and the Governor’s Office to enact pro-Illinois and pro-growth solutions that will not only help attract new businesses but help our small, medium, and large employers continue to thrive.
