Pritzker proposes $56B budget with minimal new spending, tax on social media companies By Newspaper Staff | February 18, 2026 | 0 Spread the loveBy Ben SzalinskiCapitol News The plan includes new taxes on social media companies but keeps spending relatively flat from the current year. Posted in Illinois News and tagged Budget, Chicago, Donald Trump, Economy, Evidence-Based Funding (EBF), FY27 budget, Government, Governor’s Office of Management and Budget, Illinois Department of Children and Family Services, Illinois Department of Children and Family Services (DCFS), Illinois Department of Corrections (IDOC), Illinois Department of Early Childhood, Illinois Department of Human Services (IDHS), Illinois Department of Transportation (IDOT), Illinois General Assembly, Illinois State Board of Education (ISBE), JB Pritzker, S&P Global, spring session 2026, Springfield