Transit Operating Aid in War Bill
14 June 2009 - 5:00am
House and Senate negotiators decided a $106 billion war bill, from which 10 percent would be granted to transit operating costs.
House and Senate decided to spend $106 billion on war and transit agencies. Some critics contend that this is a short-time response to the economic recession.
"But despite Latham's skepticism, the deal is done. The final version of the war spending bill, with the transit operating aid provision intact, is expected to become law as soon as next week."
Source:
la.streetsblog.org, June 12, 2009
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Most devastating is the compounding of the damage by creating new opportunities to the opposition for proposing and passing far-reaching "regulatory takings" legislation.
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