
Pritzker Pitches $56B Budget With New Fees on Social Media, Zoning Law Changes
Clip: 2/18/2026 | 5m 21sVideo has Closed Captions
Illinois is facing a projected $2.2 billion budget gap and massive uncertainty over federal funding.
During his speech to a joint session of the state House and Senate, the governor outlined a number of policy priorities — and took plenty of swings at President Donald Trump.
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Pritzker Pitches $56B Budget With New Fees on Social Media, Zoning Law Changes
Clip: 2/18/2026 | 5m 21sVideo has Closed Captions
During his speech to a joint session of the state House and Senate, the governor outlined a number of policy priorities — and took plenty of swings at President Donald Trump.
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Joanna, thank you.
>> 56 billion dollars.
That is the top line of Governor JB Pritzker's 8th proposed budget.
I figure he says reflects a prudent approach to the state's finances during a time of uncertainty.
But spending that Republicans in Springfield say is going unchecked during his speech to a joint session of the state House and Senate Pritzker also outlined a number of policy priorities and took plenty of swings at President Donald Trump.
Our Nic Bloomberg was there for the speech in joins us now from the capital.
Nic.
>> Brandis Pritzker had his sights trained straight on Trump in last year's address.
Warning of the risk of authoritarian authoritarianism and discrimination.
Now, while the president was less present during this year's speech, Pritzker still spent plenty of time outlining the ways in which he says the second Trump administration has hurt Illinois ends with budget officials saying the state has taken an 8 billion dollar hit due to federal funding.
Uncertainty with the potential for a 1.7 billion dollar dent in the fiscal year.
Starting July one.
>> These are not handouts.
These are dollars that real Illinois.
It's paid in federal taxes and that have been constitutionally approved by our elected Democratic and Republican representatives in Washington.
Unlike the federal government every year.
Illinois must balance its budget.
When Donald Trump is taking resources away that are rightfully ours.
None of us Democrats or Republicans should be okay with that.
>> Given that uncertainty, Nick, how is the governor planning on balancing the budget?
>> Yeah, it's certainly no small task.
Not only uncertainty around federal funding, but also a looming 2.2 billion dollar budget gap.
Now most of the increase in spending over the previous fiscal year about 1.6% is due to pensions, medical expenses and increased funding for school districts.
Pritzker says this budget doesn't ask too much of Illinois INS.
>> Prudence demanded that this year's budget proposal seeks a discretionary spending increase that is less than one-half of one percent.
It levels off and in some cases reduces programs that are important to me, some of which were proposals of my own.
But I believe that the imperative of responsible governance and overcoming the fiscal irresponsibility of past decades must come ahead of the interests of any one politician of any one program or any one party.
>> In addition to keeping costs down the spending plan also calls for generating nearly 600 million dollars in new revenue.
An estimated 200 million dollars of which would come from a new fee on social media platforms.
>> Nick, how would that fee work?
>> Well, it will depend on how many Illinois users a platform has now for the large social media companies.
Those with a million or more users here in the state, they'll have to pay $165,000 each month.
Plus an additional 50%, $0.50 per user for each person over that One-million Mark.
Now that got some cautious support from some Republicans, although of course the devil will be in the details.
We also have a couple GOP lawmakers sound open to another idea that Governor Pritzker pitched that is increased guardrails on social media for young people.
Things like stopping nighttime notifications and increasing parental controls.
>> Social media algorithms have been proven to create mental health issues in adolescence and foster polarization and misinformation in society as a whole.
Those companies are profiting from online engagement of Illinois's consumers and they currently contribute nothing.
To ameliorate the negative effects of platforms.
>> Ben, what did the Republican lawmakers have to say that the governor speech?
>> As you might imagine, the reviews were not exactly stellar.
Republicans say the cost of living issues that Pritzker highlighted.
They can be blamed on Democrats and they said it sounded sounded like Pritzker has his eye more on the 2028 presidential race than he does on Illinois.
>> Not sure that I can call it a budget address.
It seemed a little bit more like a campaign speech and increasing his national profile.
>> Make no mistake, affordability problems and Illinois have been largely self-inflicted.
By a Democratic governor and a Democratic controlled legislature that has never met a tax hike.
They didn't like.
Groceries cost more energy costs more property taxes keep rising and too many families feel like they're falling further behind every single year.
>> Now whether or not it was aimed at a national audience Pritzker did end on a note that would be at home in a presidential stump speech saying he loves this country.
He's not going to stop loving it despite any challenges.
And that love has been a beacon for him during difficult year.
Brandis.
>> Mifflinburg in Springfield for us.
Thank you, Nick.
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