From Local Motion
As of January 1, bus commuters will loose half of their transit benefit while drivers will keep getting theirs. It’s even worse for bike commuters who get less than 10% of what drivers get.
It’s a depressing reality as Congress failed to keep the transit benefit from being slashed at the end of the year. Check out this blog post from Transportation for America.
These commuter benefits allows employers to pay for their employees’ commuter costs with pre-tax dollars. In the New Year, drivers will be able to get a $240/month benefit but transit riders will only be able to get $120/month. Bike commuters can get their employer to give them a pre-tax benefit too, but it is only a paltry $20/mo!