Posted by Alexia Elejalde-Ruiz – 11:10 a.m., Nov. 27
According to news reports today, House Speaker Mike Madigan plans to call for a vote tomorrow on a mass transit funding proposal that would avoid the threatened CTA bus and train cuts now slated for Jan. 20.
The strategy would redirect the state’s share of sales tax on gas collected in the six-county area to the Regional Transit Authority, which oversees CTA, PACE and Metra. The plan was proposed by Republicans earlier this fall and backed by Gov. Blagojevich, but it’s not a sure bet. Some lawmakers worry that the plan doesn’t specify how to replace the redirected funds, leaving a budget gap for other projects.
Madigan sent a letter calling for legislators to support the proposal, even though he prefers a different plan to raise the sales and real estate transfer tax. He said his shift is an "an act of compromise" that will end the "piecemeal cash infusions, months of anxiety for transit riders and workers, and the incessant, and unfortunate, legislative drama that has surrounded this issue for the past several months."
It’s easy to brush this off this turn of events as more false hope, but maybe the olive branch is a good sign.
What do you think? Is there a solution to this Doomsday merry-go-round?