From the Technology & Manufacturing Association:
Illinois Doesn’t Have a Revenue Problem, It Has a Spending Problem
TMA Responds to the Governor’s Budget Address
SCHAUMBURG, IL – The Technology & Manufacturing Association (TMA) responded today to Governor JB Pritzker’s 2026 budget address, expressing concerns about the continued burden small and midsize manufacturers and working families will bear to fund the state’s overspending:
“This is Governor Pritzker’s eighth budget address and it was more of the same: touting meaningless boasts like credit rating upgrades when we still have the worst in the country and blaming others for his own fiscal failures when the state budget has grown 40% since he took office.
These are tactics of someone looking to score political points, not be a leader.
“And who pays the price of Pritzker’s spending spree? Working families, manufacturers, and those trying to survive the rising cost-of-living in Illinois. Pritzker stripped away $243 million in tax benefits from manufacturers by decoupling our state from federal tax relief legislation last year to spite the federal government and to fund more of his own projects, an unnecessary move that punished hard working Illinoisans.
“Language we heard from the governor today indicates Illinois legislators will be pursuing further tax increases on our state’s job creators to fund their overspending. This will simply cause more businesses to abandon our state, reducing revenue and forcing the remaining residents and business owners to pay more when they already can’t afford it currently.
“This budget address was more than another wake-up call that the state needs to stop increasing the cost of doing business in our state and instead focus on pro-growth policies that will help our job creators thrive and lower the cost-of-living for working families.”
