Riders on Chicago Transit Authority trains and buses can breathe a sigh of relief this weekend, and so can travelers on Metra trains and Pace buses. So can Chicago’s tourist and entertainment industry. And a couple of dozen friendly billionaires.

With the adult guidance of Gov. JB Pritzker and his staff, state lawmakers scrambled in the wee hours of Halloween morning to approve a mass transit funding solution to looming financial shortfalls that leaned mainly on revenues from existing transportation-related funding sources. Thankfully, the governor killed a mind-bogglingly awful set of tax hikes put forth by House Democrats earlier in the week.

We laid out the many reasons that proposal — led by an industry-decimating 7% tax on various forms of entertainment and a first-in-the-nation tax

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