Source: Debt ceiling 'agreement in principle' has been reached

President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,

Chicago police investigating homicide near Mayor Brandon Johnson’s home

A person was found dead early Saturday on the West Side, prompting a homicide investigation near Mayor Brandon Johnson’s home in the Austin neighborhood.

Illinois lawmakers approve $50.5B budget, await Gov. Pritzker's signature

Illinois lawmakers finally approved a new state budget early Saturday, sending it to Democratic Gov. JB Pritzker for his signature with just over a month to spare before it takes effect with the new state fiscal year July 1.

State budget passes in Senate — elected school board map hits possible stall until next year

A day after Gov. J.B. Pritzker and Democratic lawmakers announced a budget agreement, a revised version of the state spending plan moved a bit further along, passing the Illinois Senate late Thursday.

U.S. default could cause unemployment surge in Illinois

A prolonged default on America’s debt could result in the loss of nearly eight-million jobs, sending Illinois’ unemployment rate above nine percent, according to economists.

U.S. default could cause unemployment surge in Illinois
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A prolonged default on America’s debt could result in the loss of nearly eight-million jobs, sending Illinois’ unemployment rate above nine percent, according to economists.

Pritzker, Illinois legislative leaders announce agreement on state budget

Gov. JB Pritzker and fellow Democrats leading the state General Assembly announced Wednesday that they had reached an agreement on a budget for the Illinois fiscal year that begins July 1.

Durbin believes deal may be coming together as debt ceiling negotiations drag on

As the Senate's second-ranking leader, Sen. Dick Durbin is following the debt ceiling negotiations closely and says it feels to him like a deal is coming together.

Chicago mayor pushes for permanent outdoor dining
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Outdoor dining for the season is in full swing, and now, Chicago Mayor Brandon Johnson is pushing to make expanded dining permanent.