By Dave McKinney and Tony Arnold, includes “Illinois Gov. JB Pritzker’s 2022 state budget proposal won’t include an income tax hike, but it will seek the elimination of $900 million in business tax credits and aims to hold spending at current levels … The governor’s budget proposal also will include full funding to cover the state’s $10 billion-plus mandated pension costs.” (Note: We will be looking into whether the asserted "full funding" is the statutory requirement or the actuarial requirement. Illinois’ dug its massive financial hole by underfunding actuarial requirements for years.)