What worries me about the possible transit cuts ("Port Authority braces for another slash to service; 35% reduction possible if funding doesn't increase") is that an influential set of people, whether elected or not, is smiling, leaning back in their chairs, and thinking, "Good, the plan is working."
State GOP leaders have been on public record since at least 2008 with plans for dismantling public transit as we've known it for almost 50 years (link). Every important decision since the Spring 2005 funding fight has fed into this possibility, though no single action overtly screams privatization.
Don't think it's not happening, though, and don't think they won't prevail. They are slowly killing off every piece of the system that cannot make money, and replacing old, undersized buses with new, high-capacity artics, all on the public dime.
Once complete, one more pen stroke will effect an ownership transfer to private hands, and the deep-pocketed puppeteers will get what they have always wanted: Total control of all existing public transit in metro Pittsburgh. They will pay its non-union drivers miserable wages with shoddy benefits, charge you $5 to ride, and expect you to say "thank you very much" for rescuing them from the horror they have painted Port Authority.
Check back around 2016 and see just how right I am.