Illinois economy

Bryan Riley, director of the National Taxpayers Union’s Free Trade Initiative, said tariffs imposed by President Donald Trump cost about $3,300 per household in Illinois, even though families may not be paying that much directly. #centersquare #tariffs

“We're going to be changing the name of Lake Ontario effective immediately to Lake America. We lose on average over the last 15 years $60 billion a year carrying Canada. So we just can't do it anymore,” Trump said. #centersquare #trump #pritzker

“It adds a new surcharge on successful, profitable workers' compensation insurance companies, and then it adds new restrictions on potential liability on employers,” Melin told The Center Square. #centersquare #workerscomp

The Democratic Party of Illinois contends that the conflict with Iran has contributed to higher fuel prices and increased government spending. #trump #gas #iran

The Liberty Justice Center sued the federal government alongside small businesses, arguing Trump’s “Liberation Day” tariffs were illegally imposed under the International Emergency Economic Powers Act. The group won their lawsuit Feb 20. #jbpritzker #tariffs #centersquare

Balkema, R-Channahon, said the relocation shows Illinois needs to rethink its approach to economic policy. “I’m happy that that is occurring, but I also understand it,” Balkema said. “As I tour businesses throughout the district and the state, the top two things that businesses fear about Illinois and need help in is rules and regulations is absolutely the number one.” #centersquare #truevalue #buisness

Statehouse members did not vote on Ford’s proposed constitutional amendment in time for a binding measure to appear on the November ballot statewide. #tax #millionaries #centersquare

The price decrease for Illinois, however, month-over-month was roughly 80 cents – a larger shift than the 56-cents difference in the national average, according to AAA. #gas #prices #centersquare

“Local pharmacies are often one of the most accessible and affordable points of care for working families, seniors, and Medicaid patients — providing medications, vaccinations, and trusted health care services,” Pritzker said in a news release. #pharmacies #distribution #capitolnewsillinois

“As thousands of Illinoisans lose food assistance this month, family-owned grocery stores are bracing for inevitable losses,” the DPI said. #snap #democratss