Biden administration announces $20 billion transit investment, up 58% from 2021

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The Biden administration has announced more than $20 billion will be invested in public transit agencies this year, thanks to the $1.2 trillion bipartisan infrastructure bill President Joe Biden signed into law.

The funding amount represents a 58% increase over 2021 at a time when transit agencies across the country are hoping to lure riders back as businesses and events reopen.

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