Page 36 - Transit Systems News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Go on to the bill. >> one of the major sticking points right now is the question of transit funding. you argue that transit systems have already received billions of extra dollars in pandemic relief fund that is not even spent yet and more funding is not necessary. there are a growing number of democrats who are threatening to withhold support of this compromise if the additional funds are removed from it. if these cuts you want aren't included, will that cost your vote? >> so, jake, first of all, that's a gross mischar mischaracterization of my position. i know it's been propulgated by my dem...

Legislation before you actually vote on legislation, including voting to proceed to it. i'm totally open to examining it closely. and if it's -- if i think it's reasonable and fits within the parameters that i think are sensible, then i would vote to go on to the bill. >> one of the major sticking points right now is the question of transit funding. you argue that transit systems have already received billions of extra dollars in pandemic relief fund that is not even spent yet and more funding is not necessary. there are a growing number of democrats who are threatening to withhold support of ...

The transit systems has been a sticking point for days. just speaking to the top republican negotiator moments ago, he made clear that his concern is that the democrats are asking too much. in his view, they're being unreasonable. take a listen. >> have you resolved the transit funding issue? >> transit funding has not yet been resolved. that's important, but if we can't resolve it, we could leave that out. i hope not, but democrats frankly are not being reasonable in their requests right now. we have a very generous offer out there that provides a significant increase in funding over the next...

Isn't what we're seeing today, we will remain vigilant about any response that is needed. as i made clear to chairman powell of the federal reserve when we met recently, the fed is independent. it should take whatever steps it deems necessary to support a strong, durable, economic recovery. but whatever different views some might have on current price increases, we should be united in one thing, passage of the bipartisan infrastructure framework that we shook hands on. we shook hands on. and my build back better plan will be a force for achieving lower prices for americans looking ahead. anoth...

About any response as needed. as i made clear to chairman powell of the federal reserve, when we met recently, the fed is independent. it should take whatever steps it t deems necessary for a strong economic recovery. we should be united in one thing. passage of the bipartisan infrastructure framework which we shook hands on. we shook hands on. and my build back better plan will be a force for achieving lower prices for americans looking ahead. it's another reason why the investments are so important. if we make prudent multi-year investments in better roads, bridges, transit systems and high ...