February 26, 2019
Source: Crain's Chicago Business This link opens in new window or tab.
By: Greg Hinz
Duckworth moves to boost funding for O’Hare, rail project
The Illinois Democrat joins with a Georgia Republican in putting down a marker on two initiatives key to the Chicago-area economy.
Source: Crain's Chicago Business This link opens in new window or tab.
At a hearing of the Senate Transportation & Safety Subcommittee—Duckworth recently became the ranking Democratic member—the senator announced that she and Georgia Republican Sen. David Perdue have reintroduced legislation to allow airports to tap low-interest federal loans through the Transportation Infrastructure Finance & Innovation Act, better known as TIFIA.
Chicago has used TIFIA funding for all sorts of surface transportation projects, including the new Red Line terminal at 95th Street and the downtown Riverwalk. But except for a trial airport project that the two senators pushed last year, airfields have been exempt from TIFIA.
It's hard to predict anything in Washington these days, where President Donald Trump has so far not followed through on a promised big infrastructure push. But with the TIFIA program up for reauthorization soon, the big-airport senators are trying to take advantage of opportunity.
By: Greg Hinz
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