MTA Finances
Raises For Bus & Subway Workers Could Be In Jeopardy
Millions of riders who depend on mass transit daily are not the only ones worrying about the MTA’s ever growing financial crisis. The actual employees responsible for transporting these same millions are looking at an upcoming future that could threaten their ability to get pay raises. Pete Donohue of the New York Daily News has […]
Senate Proposes Another Dud
Time is running out for the State Senate to come up with a MTA financial package that would starve off the MTA’s “doomsday scenario“. Both sides of the aisle have spent the majority of the time playing the blame game or coming up with inadequate solutions. Once again, the latter seems to be playing itself […]
Gov. Patterson Urges Republicans To Vote For MTA Bailout
The “doomsday scenario” being officially put into action is rapidly approaching & leaders in Albany are still unable to agree on a MTA funding package. State Democrats can’t come to an agreement due to such individuals like Sen. Carl Kruger, Sen. Pedro Espada, & Sen. Ruben Diaz Sr. who rather cater to drivers than the […]
Ravitch Proposes Toll Rebate Compromise
For years, any mention of adding tolls to East & Harlem River bridges was shot down faster than you could blink an eye. Even as the MTA’s finances continue to spiral towards possible bankruptcy, the idea of adding tolls continues to be shot down by some officials. In their eyes, damn the MTA & the […]
Higher Projected Deficit Could Lead To More Pain
The state of the MTA’s financial crisis continues to get worse by the day. Riders are expected to pay the ultimate price when the MTA’s doomsday scenario is officially enacted. However if things continue to progress in the current downward spiral, riders can expect even more fare increases or service cuts. As is usually the […]
