As I noted in the entry below, the MTA Finance Committee voted to recommend enacting the “doomsday scenario” budget to the full board on Wednesday. While there is technically still time to come up with a plan, Gov. Paterson has thrown in the towel on something being done. Earlier this morning he urged the MTA to proceed with enacting their “doomsday scenario” budget since the Senate does not seem to be able to come up with a bailout plan. Glenn Blain of the New York Daily News has more in this report:
Gov. Paterson says the MTA should go ahead with its so-called doomsday budget because the Legislature can’t agree on a deal to save straphangers.
Paterson, in a Monday morning news conference, said Wednesday’s deadline has been “known by all parties” and that the MTA should not delay adopting its budget.
“Delaying action, to me, would just ring too true to what’s gone on in Albany too many times,” Paterson said.
The MTA’s finance committee is meeting Monday to approve the massive fare hikes and service cuts needed to plug a $1.2 billion budget gap.
Paterson held out hope that any fare hike or service cuts could be averted if lawmakers agree on a bailout deal sometime after the MTA’s full board meets Wednesday.
Click here for the complete report.
As I said, technically the Senate still has time to craft an acceptable plan to save the MTA & the millions of people who depend on it. However I understand why Gov. Paterson has thrown in the towel on any possible rescue plan. He makes an irrefutable point about the Senate knowing the deadline for quite some time. If they really wanted to get something done, they could have. This is still the case even with Majority Leader Malcolm Smith being clueless about the reality of the deadline.
What sad times we live in when the obvious importance of our mass transit infrastructure & system as a whole continues to be ignored by Albany even though it is arguably the region’s biggest economic engine.
xoxo Transit Blogger