On Wednesday, May 2, the Illinois House Revenue & Finance Committee held a hearing on the possibility of a progressive income tax in Illinois. Frank Manzo IV, MPP, Policy Director of the Illinois Economic Policy Institute (ILEPI) provided a brief testimony. Here is what he said. Continue reading “ILEPI Testimony on a Progressive Income Tax Before the Illinois House”
La Grange: The deteriorating conditions of Illinois’ transportation systems, state owned facilities, education buildings, and veterans’ homes have resulted in residents across the state experiencing pothole filled roads, overcrowded schools, and poorly maintained university buildings and state facilities. The annual … Continue reading REPORT: Illinois Needs $21 Billion Per Year to Fix State Building Facilities and Transportation Systems
On Wednesday, April 4, 2018 the Transportation: Regulation, Roads & Bridges Committee of the Illinois House of Representatives held a hearing titled “Effects of the Proposed Federal Infrastructure Plan.” Mary Craighead, AICP, transportation policy analyst with ILEPI, submitted testimony that is summarized below. Continue reading “ILEPI Testimony at the Illinois House Transportation Committee”
Falling Motor Fuel Tax Revenues Accelerate Funding Shortfall La Grange: The rapidly deteriorating condition of Illinois roads, bridges, and transit systems is producing increased congestion and vehicle maintenance costs, and the annual cost of needed repairs currently stands at $4.6 … Continue reading REPORT: Illinois Needs $4.6 Billion Per Year to Fix Roads, Bridges, and Transit Systems
How will Illinois respond: acknowledge that the current Administration is unwilling to provide direct support and offer local funding solutions or continue to hold out for broader federal aid? Continue reading “President Trump’s Proposed Infrastructure Plan: The Shift to Local Funding and Illinois’ Response”
Interstate 80 near Joliet is a prime example of a roadway in desperate need of improvements. Built in the 1960s as an original portion of the interstate highway system, it is a crucial east-west corridor for both the Chicago region and the nation. However, inadequate infrastructure funding on both the state and federal levels has left travelers in the lurch, subjecting them to not only the inconvenience of congestion and an inefficient roadway, but also safety issues. Continue reading “I-80: Exemplifying the Need for Infrastructure Investment”
Thursday Community Town Hall Meeting Convened State and Local Leaders to Discuss Local Highway Infrastructure Needs Joliet: As highlighted at a Thursday Town Hall meeting in Joliet – where state transportation leaders gathered to discuss Will County’s highway infrastructure needs – an Illinois … Continue reading New Study Says I-80 Near Joliet in “Desperate Need” of Repairs, Improvement
Illinois has spent at least $4.9 billion in state and local business subsidies since 2000, after adjusting for inflation. This equates to $288.5 million per year. While these subsidies have saved or created some jobs in the state, Illinois could have created even more jobs and more economic growth if tax dollars had instead been invested in public infrastructure and public education.
With the State of Illinois finally having a new budget for the first time in two years, the Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign and the Illinois Economic Policy Institute evaluated the economic research on policy measures currently under consideration by state lawmakers.
The full report is available here: Public Policies That Grow the Illinois Economy: An Evidence-Based Review of the Current Debate. Continue reading “Education and Infrastructure Grow the Economy. Other Proposals Being Debated in Illinois Don’t.”
NEW Study: A protracted shutdown of planned road and bridge projects could shrink the Illinois economy by nearly $2 billion on net, eliminate 23,000 jobs, and cost taxpayers up to $270 million over the next year. Continue reading “IDOT Shutdown Could Cost 23,000 Jobs and Hundreds of Millions of Dollars”
The Illinois Economic Policy Institute (ILEPI) supports the Illinois Tollway Board’s decision to advance the proposed Route 53/120 Extension project through an Environmental Impact Statement (EIS). ILEPI recently released a project analysis which found that demographic and economic trends convincingly … Continue reading The Illinois Tollway Board Votes to Move the Route 53/120 Extension Forward
The Illinois Economic Policy Institute (ILEPI) supports the Illinois Tollway Board’s decision to advance the Central Tri-State project, which will bring far-reaching benefits to the region, including economic development, job creation, and the increased ability to stay competitive.