The Problem Would you pay $1,000 so that someone–probably not you–could ride high-speed trains less than 60 miles a year? Probably not. Yet, that’s what the Federal Railroad Administration (FRA) high-speed rail plan is going to cost: at least $90 billion, or $1,000 for every federal income taxpayer in the country. Who will ride these...
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.