Illinois and its largest city have long struggled with budget shortfalls that undermine essential public services. A new task force calls for comprehensive structural reforms to address stubborn revenue gaps and mounting service costs, urging policymakers to modernize the tax system and reduce income inequality.

Iowa lawmakers are bracing for a $1.3 billion shortfall this fiscal year. Slashed income tax rates reduced revenue, and while leaders hoped to tap a relief fund, it wasn’t enough to plug the gap.