California's falling gas tax revenue leads to massive cut in transit project funding – LA Times

Saturday, January 23, 2016

Faced with plummeting gasoline tax revenue, state transportation officials have announced plans to cut funding for road and transit projects by $754 million over the next five years, the greatest reduction in two decades.

Frazier, chairman of the Assembly Transportation Committee, said the commission's action was "another sign that funding is not only inadequate, but continues to be taken away by past deals."

"This is our call to take the issue seriously and commit to protecting our infrastructure."