cartky.org

C-J: "U.S. House approves transit bill that would aid TARC"

Bottom line: 4.6 million over 2 years and Feds would pick up 100% match on either hybrid busses ($525,000 free!) or the cost difference between hybrids and diesels ($200,000 free!). Either way a good deal. This still needs to pass the Senate and get signed by the President. After that it will roughly negate half of the budget shortfall from high diesel prices. That's not counting the ~5% shortfall in projected occupational tax revenue. Bottom line: A promising step but not a pancea.