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The post-recession economic expansion shows no sign of ending, nationwide or in Illinois. One piece of evidence is the latest University of Illinois Flash Index to the Illinois economy. It rose in May to 104.9, from April’s 104.7.
The Illinois legislature overwhelmingly passed a full year budget Thursday. It includes a few plans to cut down on the state’s massive pension debt.
Lou Lang, a prominent state legislator, who led efforts in the Illinois House to ratify the Equal Rights Amendment, has stepped down from his leadership post after being accused of bullying and intimidation.
The University of Illinois is slated to receive an extra $11.6 million under the new state budget approved by lawmakers this week. U of I President Timothy Killeen said the two percent increase in state spending on higher education will bring the university system’s total budget for the next fiscal year to just under $600 million.
The Illinois General Assembly has approved a budget for the state — and Governor Bruce Rauner is indicating he’ll “enact” it into law.
