State lays out $34.6B multi-year spending plan for roads, bridges, ports, airports, rail and transit – Capitol News IL

The highway portion of the multi-year plan accounts for $24.6 billion of the planned spending. Of that, $13.3 billion, or 54%, is federally funded, just over $6 billion is state funding, $4.1 billion comes from bond proceeds, and $1.2 billion comes from local reimbursements. Another near-$10 billion in combined state, federal, local and private spending was laid out for transit, marine transportation, railways and airports. Of that, 59% was state spending and 31% federal.
1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
JackBolly
1 year ago

So why do people who buy a $70k EV need a tax credit from taxpayers when they will not pay the fuel taxes to maintain the roads they will drive on?

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE