CTA doomsday cuts averted - for now
Nov. 02, 2007
(Crain’s) — Doomsday is off — at least for now.
That was the word Friday afternoon as an unexpected source rode to the rescue of Chicago area public transit users: da fed'ral gubmint.
The Federal Transit Administration, an agency which provides grants to local governments and states, authorized the state of Illinois to transfer $21 million in unallocated funds to the Chicago Transit Authority.
CTA Chairwoman Carole Brown had indicated earlier today that the money would be accepted and would be sufficient to allow the CTA to put off sharp service cuts and fare hikes that had been scheduled to take place on Sunday.
Ms. Brown said the money would hold the CTA until the end of the year, giving state lawmakers more time to come up with a long-term solution to the region's transit funding problems...
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3 comments:
A bailout? Talk about big guvmint...i say, let 'em crash.
So, have dey turned da corner YET?
How can they keep saying "No more band-aids" and then keep accepting band-aids? Whatta buncha maroons.
But could dere by gauze?
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