There's a Budget with Transit Funding, But Negotiations Aren't Over - Streetsblog California
Briefly

California legislative leaders have come to agreement to use some money from the state's cap-and-trade program to prevent transit agencies from heading over the "fiscal cliff" that could destroy them.As a stop-gap measure, it is not a bad move.Transit is certainly a valid use for the funds, which are supposed to go towards reducing greenhouse gas emissions.
Read at Streetsblog
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