costs

Preston argued that outside corporations, such as investment giant Blackstone, are worsening the housing crisis by manipulating the market, while federal tariff policies keep mortgage rates high despite the Fed’s cuts. #cuts

Alderman Samantha Nugent asked to see a $3 million budget analysis prepared for the city by Ernst & Young. Alderman Brendan Reilly repeated Nugent’s question to Chicago Budget Director Annette Guzman. #deficit

Unlike previous proposals, Preston emphasized, the measure would not force Illinois residents to foot the bill through higher rates. #bill

“The Trump administration’s harmful policies will leave more Americans uninsured, which increases costs for everyone. Extending enhanced premium tax credits is a simple way to provide some relief for consumers.” #insurance

“It's extremely difficult to start and grow a new business in Illinois because everything that the Democrat majority does leads to higher costs, more regulation and more restriction,” Halbrook, R-Shelbyville, told The Center Square. #business

Lawmakers with the caucus blamed rising utility costs on state policies they say have reduced energy supply while demand continues to climb. #hearing

Members of the Illinois Freedom Caucus said the hearing is overdue, pointing to months of warnings about looming energy price spikes and grid reliability issues. #energy

The “Most Favored Nation” (MFN) pricing model would tie U.S. drug prices to those in foreign countries with different healthcare systems. #healthcare

Using data from the Internal Revenue Service and the U.S. Census Bureau, analysts found that Illinois lost 881,012 residents from 2012 to 2022. #economy

According to the report, two of the five major metropolitan areas with the biggest inflation problems have a large footprint in Illinois. #inflation