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.
Continue reading “Illinois Should Restore Wind Energy Funding”
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.
Continue reading “The Decline of Motor Fuel Tax Revenue in Illinois”
The Midwest’s transportation systems must be modernized to alleviate congestion, reduce motorist costs and injuries, and provide a world-class infrastructure that attracts businesses to locate in the region. Not investing in infrastructure is costing motorists more per year in vehicle … Continue reading Infrastructure in the Midwest
Report Finds That As Hundreds Of Thousands Of Iraq and Afghanistan Veterans Enter Work Force, Prevailing Wage Greatly Improves Economic Outcomes For Veterans A first-of-its-kind study released on May 10, 2016 finds that prevailing wage greatly improves economic outcomes … Continue reading Attacks On Prevailing Wage Laws Disproportionally Hurt Veterans
Across America, local units of government are adopting responsible contracting policies. Localities as diverse as Seattle, Washington and Portage, Indiana have included provisions to encourage contractors to use taxpayer dollars responsibly. The goal of the provisions is to balance the … Continue reading Responsible Bidder Ordinances Promote Quality Construction
Both Texas and Illinois have crumbling roads and bridges that require revenues to repair their current transit systems. Which state does it better? It is sometimes claimed that Texas has better infrastructure than Illinois, but a new ILEPI Economic Commentary finds that … Continue reading Transportation Infrastructure in Illinois vs. Texas
Note: This post is an excerpt from The History of Economic Inequality in Illinois: 1850-2014 [PDF], published and released by the Illinois Economic Policy Institute on March 4, 2016. Although Illinois cannot completely counter national trends, the state and local governments … Continue reading 10 Potential Ways to Reduce Inequality in Illinois
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”
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.
Continue reading “Illinois Spends Less on Higher Education and Transportation than Almost Every Other State”
If Motor Fuel Taxes had been adjusted for inflation over the past 23 years, the state would have generated $10 billion in additional transportation revenues, according to a new report from the Illinois Economic Policy Institute [PDF]. Despite the 25 … Continue reading $10 Billion Lost Over 23 Years
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
Clean water infrastructure investment promotes a healthy economy. Restoring natural waterways and reservoirs, reducing pollution and stormwater runoff, and preventing contamination are all essential actions to improve public well-being, keeping workers healthy and productive. Completion of clean water projects fosters … Continue reading Clean Water Means Jobs