Article Summary
A key Illinois House Democrat filed a bill to raise up to $2 billion to fund public transportation in the Chicago area.
The proposal would create taxes on entertainment and billionaires’ investments while raising an existing sales tax in the Chicago region. It also would allow more municipalities to install speed cameras.
The Chicago Transit Authority faces a more than $200 million shortfall in 2026 before all three major Chicago-area agencies run a more than $800 million deficit in 2027 when pandemic relief money runs out.
It’s unclear if the House plan has support in the Senate, which already passed a funding solution in May that House Democratic leaders called “concerning.”
This summary was written by the reporters and editors who worked on this story.
SPRINGFIELD,

WMBD-Radio

FOX 28
Raw Story
Reuters US Top
Reuters US Domestic
CNN
Reuters US Business
Daily Kos