MTA Finances
Doomsday Might Only Be The Beginning
If you have read this or any major NYC region transportation blog over the last few months, words & phrases such as “draconian” & “doomsday scenario” have become second nature. When you heard or read such words involving the MTA, you could do nothing but think of the massive fare hike & service cuts that […]
Inching Closer To Unemployment
Throughout the current MTA financial crisis, I have touched on how this could ultimately effect the millions who depend on the system. However I also noted on a number of occasions, how this is hitting home with the blue collar workforce of the MTA in terms of jobs being lost. On that note, the MTA […]
Latest Senate Proposal Has Been Amended
The confidence once exuded by State Senate Majority Leader Malcolm Smith has evaporated. The 32 votes he seemed so confident in getting clearly looked to be a figment of his imagination as the support was clearly not there. His latest proposal has been trashed by all sides. I happen to agree with the piece by […]
Albany Ready To Screw Up Again
The news was hot & heavy concering the MTA over the last 24-36 hours. The process started when State Democrats blasted Gov. Patterson for not rallying the base to get the votes needed for a MTA financial package to be passed. Lets take a quick peak at that story courtesy of the New York Daily […]
MTA Deficit Continues To Grow
With the deadline for Albany to come up with a financial package for the MTA edging closer, the news about the agency’s finances worsen. The latest re-forecast projects a $621M dollar deficit for 2009 even after the implementation of fare hikes & service cuts. Here are the complete details just released by the MTA in […]
