Taxes

Maine governor: Put aside 'petty egos' and send me a budget

Republican Gov. Paul LePage urged lawmakers on Sunday to put aside "petty egos" and send him a budget as a legislative panel sought common ground on a proposal promoted by House Republicans who torpedoed the previous spending bill.

Some Republicans defy Gov. Rauner and back tax increases

The Illinois House approved $5 billion income tax increase on Sunday, followed by a spending plan for the new fiscal year, with some Republicans defying Gov. Bruce Rauner and joining Democrats in a dramatic step to break the nation's longest-running budget stalemate.

Illinois facing dire consequences as budget feud continues

Illinois is hours away from entering its third fiscal year without a state budget, territory that could mean some universities won't be able to offer federal financial aid, road construction and Powerball ticket sales will halt, and the state's credit rating will be downgraded to "junk."

Illinois' financial crisis has 'hurtled out of control'

The Illinois State House took an early step toward ending a devastating two-year budget impasse Friday, but with many challenges remaining and a critical deadline drawing near, the state’s workers are worried about a complete lack of stability.