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Politico California Currents: Transit Is Running Out of Track
June 25, 2026—Politico’s California Playbook Climate reporter Alex Nieves covers the deepening transit funding crisis facing bus and rail operators across the state—from Anaheim Transportation Network’s March closure after a $730,000 monthly deficit to Metrolink’s indefinite 20 percent service cut—as Governor Newsom’s budget leaves a $690 million hole and cap-and-invest transit revenues face uncertainty following last month’s weakening of the cap-and-invest program. Senior Transportation Policy Advocate Laurel Paget-Seekins is quoted on why the stakes go beyond any single agency: “It is really important for transit agencies to have a long-term sense of stability in their funding sources. They can’t turn on a dime, in terms of making service decisions.”