President's Corner

April 2018 Healthcare Costs Expected to Spike

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Illinois Passes $1.1 Billion Capital Plan

As Illinois’ legislative session drew to a close early Saturday morning, Senators voted to approve a $1.1 billion capital spending plan focused on roads and bridges. One billion dollars will be focused on “shovel ready” projects already within the Illinois Department of Transportation five-year plan, and an additional $100 million will be directed to local government agencies to spend on priority projects.

Originally included in the plan was $500 million for building construction, which legislators removed over concerns about the project list. Bonds will be sold shortly to fund these projects, with a focus on holding large job lettings this summer, which will create jobs throughout Local 150’s jurisdiction.

“This plan will play an important role in repairing roads damaged by the harsh winter we just went through,” said President-Business Manager James M. Sweeney. “Even in times of economic distress, we must continue to invest in our infrastructure. It is what supports our economy and delivers the type of employment growth that we so urgently need.”



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