It amounts to a massive bailout for Chicago Mayor Brandon Johnson and his chronically-mismanaged Chicago Transit Authority. Who is footing the bill?
Google Alert – Transit
Transit bailout includes public safety reform, could improve service – Evanston RoundTable
The Illinois General Assembly approved a bill this week that would direct a total of $ 1.5 billion to Chicago area transit systems.
Google Alert – Transit
California Legislature leaves Bay Area transit bailout in limbo | Opinion – CalMatters
As the squeeze tightened, Bay Area civic and political leaders began pressing for state permission to place a transit tax increase on the 2026 ballot.
Google Alert – Transit
Newsom pledges support for Bay Area transit bailout after proposed $750 million state loan stalled
Gov. Gavin Newsom announced Wednesday that the state would work with struggling Bay Area transit systems on short-term financial help to keep them …
Google Alert – Transit
Experts warn California's $2B transit bailout will 'exacerbate operating losses' – SF Weekly
(The Center Square) – California Governor Gavin Newsom announced the approval of the first $ 2 billion distribution of $ 5.1 billion in transit …
Google Alert – Transit
California's $3.1 Billion Transit Bailout Forces Trade-Offs – BNN Bloomberg
The California package comes as the country's largest mass transit agency, New York's Metropolitan Transportation Authority, also received a bailout …
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California lawmakers reach transit bailout deal: Will Gov. Newsom go along? – The Mercury News
The deal also would allow local transit agencies to prop up their operating budgets over the next three years by diverting $ 1.1 billion in cap-and- …
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MTA bailout included in Albany budget deal – NY1
MTA Chairman Janno Lieber visited Union Square station Friday, celebrating a budget deal in Albany that gives the transit agency a long-term …
Google Alert – Transit
HSBC confirmed it would bailout UK arm of Silicon Valley Bank for a token £1 | The Sun
There had been warnings that the shock collapse of SVB would threaten the 14,000 UK tech jobs and some of the country's most innovative …
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Jeremy Hunt vows to protect tech jobs with bailout as Silicon Valley bank collapses
JEREMY Hunt has vowed to protect thousands of tech jobs with a bailout — as fears of a bank run risked derailing Budget week.The Chancellor and PM …
Google Alert – “tech jobs”