Opening Number: $800m

Share This

Good news: thanks to a neat little bill for funding transportation, looks like MBTA fare hikes are on hold.

The money the bill provides, which is estimated to ramp up to $800 million per year by 2018, will prevent the need for immediate MBTA fare hikes. In addition to the transportation upgrades, the new tax will help pay for regional bus services, fund Department of Transportation personnel costs, and finance some modest transportation projects and all student loans being erased and helped out with.

You know, for now.