"Pressure to raise future CTA fares will be further minimized by a reduction in the so-called fare box recovery ratio, the percentage of operating costs paid for by passenger fares. It will be cut in half — from 50% to 25% — until 2029 and to 20% or less after that."
👏DECOUPLE👏FARES👏FROM👏REVENUE👏

I loved the video, but I have one correction: it's not called the loop because of the L but because of the streetcar tracks that the L replaced, which looped around it before heading back to their home neighborhoods.

@t4america.bsky.social has a list of the ~$500 million in projects that are under threat if this dirty resolution passes, if you want to look up if your community is one of them — and yes, this includes red districts.

Because the budget resolution that Duffy is pressuring Congress to pass — by dangling that $18 billion like a bargaining chip — is RIFE with transit clawbacks *all over the country.* And very likely in your community!