October 27, 2010

Transit subsidy may revert from $230 to $120

WASHINGTON, D.C. — The expanded commuter benefit, part of the 2009 stimulus law, used by many federal employees and some private sector workers who take public transit, will likely be rolled back from $230 to $120, due to partisan gridlock reports The Washington Post. Transit advocacy groups are lobbying lawmakers on Capitol Hill to extend the benefit.

 

The higher benefit would be extended for one year in language tucked into a green energy tax bill drafted by Democrats on the House Ways and Means Committee. However, the bill has not been formally introduced, partly because it faces opposition in the Senate. For the full story, click here.

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