CHICAGO - Illinois House Speaker Chris Welch put the brakes on the massive transit bill in the House, saying it wasn't ready for prime time.

But fear not, he says. There's still time to come to a solution.

"It's important that we get this right and we don't rush and get it wrong," Welch told Fox32 Chicago.

Funding considerations

What's next:

The massive overhaul that would consolidate power over CTA, Pace, and Metra and provide new tax revenue in the form of rideshare and delivery fees to stave off a $771 million fiscal cliff passed the Senate.

Welch said he's not sold on the tax hikes quite yet.

"In the House, we have not talked about a way to fund the transit system because we were committed to reforms first," he said. "The Senate knew the bill they were proposing would be dea

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