In January, Congress had approved increasing the pre-tax benefit from $125 as part of the “fiscal cliff” resolution but the bill is set to expire at the end of 2013. In 2012, public transit riders saw the cap reduced to $125 a month from $230 in 2011.
Metro had said its revenue from ridership would take a hit this year — in part because of fare hikes and the cut in transit benefits. Forty percent of Metro’s peak period travelers are federal employees whose rides are subsidized.
The bill was introduced in the House by Reps. Michael G. Grimm (R-N.Y), James P. McGovern (D-Mass.), Peter T. King (R-N.Y.), and Earl Blumenauer (D-Ore.). Sen. Charles Schumer (D-N..Y) introduced it in the Senate.