Bill would provide $2 billion for state transit agencies

The Hill

Several Senators are pushing for a $2 billion bill that would authorize additional money to help state transit agencies close funding gaps.

Led by Senate Banking Chairman Chris Dodd (D-Conn.), the bill would allow state and local transit agencies, hard hit by the recession, to use the funds to reverse fare increases and restore services cut after January 2009 or prevent future cuts or fare increases through September 2011.

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