Something else for you:
That said, CTA currently has about $7 billion in unmet capital needs just to get our system into a “state of good repair”–i.e. our bridges safe, our rolling stock upgraded, signal systems upgraded, etc. That’s not expansion, that’s not “improvements”–that’s just getting it into the shape it should have been in had capital support remained at appropriate levels. So the needs for us is huge. Put another way, we are $7 billion in the hole and it’s growing. The real cost to the region (and taxpayers) here is much larger. Congestion, land use, job creation, mobility, air quality all suffer (and conversely improve when transit is appropriately funded). The “death spiral” awaits–given teh recovery ratio, transit systems cut back service to meet recovery ratio requirements, thus fewer riders ride, thus systems have to charge more to pay for service, thus fewer ride, until no one’s left.