Tuesday, May 19, 2009

RTA head says federal transit funds not enough

AP:
Regional Transportation Authority Director Steve Schlickman tells the Associated Press that both federal and state governments will have to come up with billions more to prevent crumbling systems from falling into further disrepair.

Chicago-area mass transit systems are receiving about $400 million in federal stimulus money. And nearly $1 billion has already been set aside by Illinois lawmakers this year. Schlickman hopes legislators will approve several more billion soon.

But combined, all that would still fall short of the $10 billion Schlickman says will be needed over the next five years.

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