According to the NPR the tax credit for mass transit will be cut nearly in half at the end of the year. This tax credit operates like the flexible medical spending accounts. People who use mass transit, may set aside pre-tax dollars to cover the cost of rail and bus tickets. Commuters who drive and use a similar tax credit will see their benefit increase.
If one's desire is sell more gasoline and increase pollution, a more perfect way to achieve this goal could not have been found. If on the other hand, your goal is to reduce the number of cars on the road, reduce consumption and importation of petroleum, reduce pollution, reduce the number of uninsured drivers on the road, etc., the lapse of this bill will have disastrous consequences.
Unfortunately for all concerned, fixing this problem requires getting a bill to extend or even increase the credit through the House. I think my chances are better if a buy a lottery ticket.