Public Universities and Community Colleges Boost the Illinois Economy by $16 Billion Every Year

A recent report by the Illinois Economic Policy Institute (ILEPI) and the Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign (PMCR) assesses the positive economic impacts of public universities and colleges in Illinois and measures the costs of the two-year budget impasse.  Continue reading “Public Universities and Community Colleges Boost the Illinois Economy by $16 Billion Every Year”

Tax Dollars Should Be Spent on Broad-Based Investments, Not Corporate Subsidies

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.

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Illinois Public Universities Were Harmed by State Budget Impasse

NEW STUDY DOCUMENTS HARMFUL IMPACT OF BUDGET STALEMATE ON ILLINOIS’ PUBLIC COLLEGES AND UNIVERSITIES Two-Year Impasse Led to Reduced Enrollment, Layoffs, and Tuition Hikes Chicago:  The two-year Illinois budget stalemate reduced enrollment in the state’s public colleges and universities by … Continue reading Illinois Public Universities Were Harmed by State Budget Impasse

ILEPI Testimony on the Potential IDOT Shutdown

If Illinois’ state budget crisis is not resolved by June 30, 2017, all existing Illinois Department of Transportation (IDOT) road, bridge, and transit projects will be stopped.

Yesterday, Frank Manzo IV, Illinois Economic Policy Institute (ILEPI) Policy Director, testified before the Illinois General Assembly. Please CLICK HERE to read the full testimony. The following is an edited version of the testimony.

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Illinois Unemployment Fell, But Job Growth Was Slow Over Past Year

In Friday’s release on state employment and unemployment, there are both positives and negatives for Illinois. On the positive side, Illinois had the 4th-largest decline in the unemployment rate over the past year and now has a lower unemployment rate than states like Georgia, Texas, and California. On the negative side, Illinois had the 9th-worst job growth over the year.

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In Support of Route 53/120

The proposed extension of Route 53/120 will bring jobs to Lake County and improve overall transportation movements for residents by alleviating traffic congestion.  These improvements will make Lake County more attractive to prospective businesses, which will provide significant economic benefits. Construction of the Route 53/120 extension will actually provide a net benefit to the local economy and improve the quality of life for Lake County residents.

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