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Here's what's at stake for Chicago under Trump's budget


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#1 CNJRoss

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Posted 23 March 2017 - 04:05 PM

Crain's Chicago Business, 3/22:
 

Here's what's at stake for Chicago under Trump's budget

 

 

President Donald Trump's preliminary proposed fiscal 2018 federal spending plan may be the "skinny budget," to use Washington lingo. But there's nothing skinny about the reaction of local officials so far. They're horrified.

 

Though local bean counters still are tallying up the score, the city of Chicago says the plan would cost it at least $100 million a year plus close to that in heating assistance funds that are distributed throughout the state.

 

That pales in comparison to what local public transit operators could lose.

 

Up for total elimination is a program the Chicago Transit Authority has used to rebuild the Garfield and 95th Street stations on the Green and Red Lines, respectively. That program also has funded work on the Create freight-rail decongestion program.

 

Ended for all new projects is the "new starts" line item that City Hall has been eyeing as a source for the hundreds of millions of dollars needed to extend the Red Line south to the city limits, and the Core Capacity program used for Red Line north work.

 

And while the particular pot of money that the city, state, Amtrak and Regional Transportation Authority hope to tap to rebuild Union Station is intact so far, no one knows if it will remain that way.

 

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