�Bailout� for Transportation Agencies?

CQ.com is reporting the following: "Passenger rail and bus advocates are pressing conferees on the war supplemental bill to include a Senate-passed provision that would allow public transit agencies to spend some of their stimulus dollars on operating expenses, instead of capital improvements." According to the article, transit agencies received $8.4 billion in stimulus funds.

Does this not sound like a bailout in the making: "Many transit agencies are facing budget deficits that leave them unable to keep up with dramatic increases in ridership. As a result, service and personnel cuts are being proposed in cities across the country."



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[Source: BeyondBailouts.org - Posted by FreeAutoBlogger]