Illinois Should Restore Wind Energy Funding

The State of Illinois should restore investment in wind power and other clean energy infrastructure to at least 2015 levels, according to the Illinois Economic Policy Institute in a new Economic Commentary [PDF].

Wind power generates positive impacts for the people of Illinois. Previous investments already prevent the emission of 7.6 million metric tons of carbon dioxide from Illinois and save 4.5 billion gallons of water every year. In addition, wind power has saved Illinois residents millions of dollars.

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The Decline of Motor Fuel Tax Revenue in Illinois

Despite GDP Growth, Motor Fuel Tax Revenue Declines in Illinois

Despite modest economic growth, motor fuel tax revenue has fallen significantly in Illinois. The Illinois economy has grown by 31.2% since 2005, not adjusted for inflation. Meanwhile, an analysis of Illinois’ Comprehensive Annual Financial Reports finds that nominal motor fuel tax revenue collected has fallen by 9.4% since 2005.

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Iowa Needs Investment in Both School Construction and Water Quality Projects

A new Economic Commentary [PDF] by the Midwest Economic Policy Institute demonstrates how school construction and water quality improvements are both vital to Iowa’s economy.

Investments in school construction allow students to learn in a positive environment, which can improve educational outcomes over the long run. Investments in water quality projects improve health outcomes for Iowa citizens, which can lower healthcare costs over the long run.  Continue reading “Iowa Needs Investment in Both School Construction and Water Quality Projects”

Illinois Spends Less on Higher Education and Transportation than Almost Every Other State

Two weeks ago, I wrote about how more infrastructure investment would kickstart the Illinois economy. Transportation infrastructure investment is one government spending item that conclusively boosts employment and reduces costs over the long run. Investment in human capital– in education and skills– is another.

Unfortunately, data from the Social Science Research Council’s Measure of America (scroll down for full data) illustrate how little the State of Illinois spends on transportation infrastructure and higher education compared to the rest of the country.

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More Infrastructure Investment Would Kickstart Illinois

Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI. This post is part of the “Frankonomics” series. Physical infrastructure investment is one of the main government expenditures that conclusively enhances … Continue reading More Infrastructure Investment Would Kickstart Illinois