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Schumer Proposes $6.5B More for Transit in Senate Stim Bill
Senator Chuck Schumer has unveiled an amendment to the Senate
stimulus bill that would increase transit funding by $6.5 billion -- to
$14.9 billion overall. This would direct $2.9 billion more to transit,
in total, than the House stimulus bill that passed last week. For the
wonks out there, transit funding would break down like so, if the
amendment is adopted: $10.4 billion for capital grants, $2 billion for
rail modifications, and $2.5 billion for new starts. From the press release issued by Schumer and Congressman Jerrold Nadler:
February 2, 2009