Its rare that you bike somewhere you can't just walk to. If you are that poor to need a government handout to fix it, you don't need it just for the bike.
I can cycle to work in about 20 minutes, or walk to work in about 70 minutes. Cycling is convenient for me, walking is not.
Viewing this is as poor people needing a government handout is a very strange interpretation of what's being proposed. It's a public health and environmental nudge.
It's like when sugar taxes are discussed, and everyone says "why don't they make the healthy things cheaper?" Well now getting a bike serviced is being subsidised. But again, it's not even about the money really.
