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Stimulus
PI Original
by Josh Kalven
6:20pm
Mon Jan 26, 2009
6 comments

Durbin's Cramdown Proposal Shelved ... Again

Congress

If you've been reading us lately you know we'd been hoping to see Sen. Dick Durbin's foreclosure prevention measure included in the economic recovery package being formulated by Congress.  Last week, House Speaker Nancy Pelosi pledged "[W]e will get it done," though ...

PI Original
by Josh Kalven
2:57pm
Mon Jan 26, 2009

Transit Funding Lacking In Senate Stimulus Draft

Congress

Last week we wondered whether the Senate's stimulus bill would include more mass transit funding than the $10 billion included in the initial House version.  But according to TPM's Elana Schor, the Senate Appropriations Committee's initial draft actually includes less -- $9.5 ...

PI Original
by Josh Kalven
10:48am
Mon Jan 26, 2009
2 comments

Hare: Not Enough Mass Transit Funding In House Stimulus

Congress

The Sun-Times reports today that Rep. Phil Hare is not happy with the amount of mass transit spending including the current version of the House stimulus bill:

"There's very little for mass transit and rail," said Hare, who wants an Amtrak line from Chicago ...

PI Original
by Josh Kalven
6:14pm
Fri Jan 23, 2009

The Working Family Stimulus

Congress

Yesterday, the Center for Budget and Policy Priorities (CBPP) released state-by-state estimates for the portions of the House stimulus plan "that will affect low- and moderate-income Americans."  While expansive infrastructure spending is crucial to create jobs, the ...

PI Original
by Progress Illinois
3:43pm
Thu Jan 22, 2009
4 comments

House Stimulus Includes $1.8 Billion For IL Infrastructure

Stimulus bill

According to a House Transportation and Infrastructure Committee report released today, the current version of their stimulus plan includes $1.8 billion for infrastructure investment in Illinois.  Here's the breakdown:

Highways and Bridges: $1,001,675,645
Transit ...

PI Original
by Adam Doster
1:06pm
Thu Jan 22, 2009
1 comment

Illinois Republicans Complain About Size Of Stimulus

Congress

While the writing was already on the wall, two Illinois Republicans went on record yesterday in opposition
to the economic recovery package favored by President Obama. The Southern’s Jason Nevel tracked down GOP Reps. John Shimkus and Tim Johnson, both of whom raised
...

PI Original
by Adam Doster
3:14pm
Tue Jan 20, 2009
1 comment

An Emerging Battle Over Foreclosure Prevention

Congress

Now on to the business of governing.

Congress
and the Obama administration are still haggling over the specifics of
the economic recovery package. While the House unveiled its proposal last week, the Senate has not yet released its own draft. Part of the hang-up seems ...

PI Original
by Angela Caputo
4:38pm
Mon Jan 19, 2009

Housing Vouchers, Please

Housing

Even those most upbeat about the nation’s ability to recover from a decade of disastrous economic policies concede that things will probably get worse before they improve.

Unemployment
could top nine percent by next year, some economists predict. And it seems ...

PI Original
by Adam Doster
1:58pm
Mon Jan 19, 2009

The Short End Of The Stimulus

Stimulus bill

When the U.S. House rolled out an initial summary of its recovery package last week, transit advocates at the state and national level
were closely monitoring the amount of resources the feds planned to devote
to green transportation initiatives.

Illinois PIRG ...