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September 5, 2013

Feds to resume sending funds to Calif. transits

LOS ANGELES — Under a carefully orchestrated deal, California will again receive billions of dollars of mass transit funds that the federal government was withholding amid a dispute over cuts to public employee pension benefits, according to an AP report in the Daily News.

The deal, announced Wednesday temporarily exempts workers at public transit agencies from a 2012 California law that required public employees to contribute more to their retirement funds, the report said. For the full story, click here.

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