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Schumer: 'I'm going to lead fight' on commuter tax break

By Keith Laing - 01/05/12 03:15 PM ET

New York Sen. Charles Schumer (D) wants Congress to get on board with an extension of a tax benefit for public transit users.

Schumer suggested that Thursday that lawmakers should use a package of pending tax breaks to extend a provision from the 2009 economic stimulus package that allowed public transit users to set aside $230 per month before taxes for commuting expenses. Because Congress has not yet extended the provision, which expired on Jan. 1, the limit was reduced to $125 at the beginning of the new year. 

For the full article on The Hill's Transportation blog, click here.


Source:
http://thehill.com/video/senate/202603-schumer-im-going-to-lead-fight-on-commuter-tax-break

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