Transit systems tunnel through the financial crisis
Transit systems are facing higher fares, service cuts and layoffs with little help from government agencies. Some are facing increased stress because of what once seemed like a win-win financing scheme called ‘sale-leaseback agreements.’
Transit systems around the country are facing higher fares, service cuts and layoffs; with little help from government agencies. Some are facing increased stress because of what once seemed like a win-win financing scheme called ?sale-leaseback agreements.?
Rick Karr, a reporter for the PBS production Blueprint America talks about the situation. His two-part series begins airing tonight on The NewsHour with Jim Lehrer.