Dossier
Illinois Democrats
Coverage of Illinois Democrats in the Nexus archive.
- Illinois Democrats inch toward $56B state budget that eyes new taxes on prediction markets, crypto
Illinois Democrats are nearing a $56 billion state budget that includes new taxes on prediction markets, cryptocurrency, fantasy sports, digital advertising revenue, and large social media companies. The plan aims to offset federal funding cuts and increase food assistance without imposing taxes on 'everyday working families,' though progressive Democrats and Republicans have criticized it for insufficient funding and new levies.