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Looks like transit gets "$18 billion annually for public transportation programs from 2022 to 2026", good for 31% of its capital expenses and 8% of its operatin
by Brendinooo 3y ago
Looks like transit gets "$18 billion annually for public transportation programs from 2022 to 2026", good for 31% of its capital expenses and 8% of its operating expenses.
https://www.cbo.gov/publication/57940 https://www.cbo.gov/publication/57940
So it gets federal dollars too. And things like roads and bridges are also subsidizing transit because buses will use them too.
- r00fus 3y agoMy point is that no transit (roads or mass transit) can be fully funded by fares as the function is too important. Also, intestate traffic/rail too important for the federal level. So the idea that mass transit can go to fare-free and rely entirely on government funding via taxes is the logical conclusion. Transit (like IT in a company) is an enabler/multiplier, not a product.