The Court rejected the idea that how much a state funds an entity should determine its status. New Jersey’s funding of NJ Transit varied wildly over 35 years from 15 to 46 percent of the budget. Where would you draw the line? And it would be absurd if NJ Transit was part of the state in 2010 (when funding was high) but not in 2015 (when funding was lower). The relevant question is formal legal responsibility, not whether the state happens to pay its bills.

music for the podcast provided by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Dimitry Taras