Melanie Curry | StreetsBlogLA.com
In the midst of California’s state budget negotiations, the legislature must separately decide how to spend the state’s cap-and-trade revenue, be it on public transit, high-speed rail, affordable housing near transit, or other emissions-reducing programs.
Three different proposals for slicing this new pie come from Governor Jerry Brown, the Senate, and the Assembly. In the next week, legislators must find a way to meld these three plans, or just choose one. To help explain the differences between the three approaches, we created the above chart, with more explanation below. Read more