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Kane County Reporter

Tuesday, February 4, 2025

Illinois' financial metrics evaluated in new CGFA report

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State Representative Dan Ugaste (IL) | Representative Dan Ugaste (R) 65th District

State Representative Dan Ugaste (IL) | Representative Dan Ugaste (R) 65th District

A recent report from the Commission on Government Forecasting and Accountability (CGFA) provides a detailed analysis of Illinois' financial standing compared to other states. The document evaluates various metrics including taxes and spending.

The findings have prompted discussions among state lawmakers, with House Republicans emphasizing the need for fiscal responsibility. They assert that improving the state's affordability could benefit families and attract job creators while ensuring support for vulnerable residents.

"We know that we can do better to make our state more affordable for families and job creators while protecting our most vulnerable residents," a statement from the House Republicans reads.

The report aims to offer insights into how Illinois measures up against its peers, potentially guiding future policy decisions.

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