According to the bailout proposal, there is some good news for cyclists. My stock options might be falling through the floor but at least I might be able to get a new bike out of this deal.
"Transportation fringe benefit to bicycle commuters: The measure would allow employers to provide benefits to employees who commute to work via bicycle, such as help purchasing and maintaining a bicycle. The measure would cost taxpayers $10 million."
Time to resubmit my proposal to HR again and see if they want to reconsider.