House Democrats have proposed a $3 trillion coronavirus relief bill that includes $15.75 billion for transit, $15.0 billion for highways, as well as more for Amtrak. Normally, Congress gives about $12.5 billion to transit agencies; this year, it has already tripled that and this bill would more than quadruple it.
I understand that some transit agencies are hurting because the local tax revenues they depend on have declined. But most of them have also cut service, which should have cut their costs. Everyone in the private sector is in financial pain; why should transit be exempt?
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Democrats say this bill is needed to deal with the highest unemployment rates since the Great Depression. But, unlike in the Depression, all of this unemployment is self-inflicted and it’s not going to be fixed by handing out funny money. The Democrats’ real goals appear to be to reward the public employee unions that support them even as they punish the private sector by keeping the economy shut down long enough to make it completely dependent on the government.
