Financial Challenges and Funding Shortfalls in US Public Transit Systems

If you’ve suffered the slights of US public transportation in recent years, brace yourself for more grief. Transit agencies across the country have been grappling with reduced ridership and revenues since the pandemic. By next year, billions of dollars in emergency aid is slated to dry up, making matters that much worse. Budget shortfalls are likely to affect millions of Americans who rely on public transportation every day. 

Bloomberg reporter Skylar Woodhouse joins host Scarlet Fu to discuss overburdened and underfunded public transportation agencies—including some of the country’s largest—and the financial squeeze pushing them even closer to collapse.

Read More: America’s Subways and Buses Face Deep Service Cuts as Federal Money Ends

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