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US mass transit is facing a funding crisis
Posted
May 5, 2025
Views
1,050
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9
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May 5, 2025
1,050
9
0.86%
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1:36Now PlayingA $70 billion lifeline from the federal government kept the US mass transit running through the pandemic. That money is running out.
On this episode of the Big Take podcast, we discuss how the country's transit systems may be heading for a so-called “death spiral.” Listen to the full episode wherever you get your podcasts.
#Transit #Commute #Finance #Government #Business #Economy
At the height of the Covid-19 pandemic, the US government stepped in with aid to keep mass transit agencies afloat. But that money is running out and ridership hasn’t rebounded.
On today’s Big Take podcast, Bloomberg’s Sri Taylor and Aaron Gordon join host David Gura to discuss why advocates now fear many transit systems are on the verge of a so-called “death spiral” — a vicious cycle of less funding, low ridership and cuts to services that could impact everyone’s commute.
Read moreA $6 Billion Shortfall Has US Mass Transit Facing a Death Spiral ()
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