Illinois Approves $31 Billion Construction Plan
15 July 2009 - 11:00am
Illinois Governor Pat Quinn signed into law a bill that will bring about $31 billion worth of road, transit and school construction projects.
The money for this raft of projects will come from new revenues created by legalizing video poker, boosting fees for motorists, and raising taxes on some goods.
"The rookie Democratic governor said he is "betting on the future of Illinois" by launching the state's first major public-works package in a decade, predicting it would create or keep in place more than 400,000 jobs over six years. The legislation also provides more than $3 billion for hundreds of local pork-barrel projects doled out by Quinn and state lawmakers."
Source:
Chicago Tribune, July 14, 2009
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Public transit has suffered from an economic mis-focus, and ironically enough, it has only worsened perennial problems like chronic underfunding and running incomplete systems that can't compete with the private automobile.
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