MTA Finances
Senate’s MTA Bailout Plan Features Faulty Math
Before the MTA bailout plan proposal led by Malcolm Smith was off the presses, it was getting slammed by many. The major issue concerning many including Gov. Patterson & the MTA was the faulty math used in their funding calculations. Both parties claim that Malcolm’s plan would result in an approximate $1.1 billion dollar shortfall […]
Gov. Patterson Calls Out State Senate
This past Tuesday, Senate Democrats led by their majority leader Malcolm Smith released their MTA bailout plan. The plan was slammed by many including Gov. Patterson, who continued his onslaught against it on talk radio. The governor made 3 radio appearances today & at each stop, he took the time to call out the Senate […]
Senate Democrats’ MTA Bailout Plan Gets Slammed
The countdown to the possible enactment of the “doomsday scenario” is exactly a week away. The prospects of adverting this disaster took a major blow when Senate Majority Leader Malcolm Smith’s plan was practically D.O.A. The plan which I blogged about yesterday was nothing more than a band-aid solution to a flesh wound problem. Some […]
Albany Continues To Not Get It Or Even Care
The countdown, to a possible transit doomsday for millions is sitting at 8 days. With the date looming, State Senate leaders are expected to release their plan to help the MTA from having to enact their “doomsday scenario“. Lets take a look at the plan in this report from the New York Times’ Nicholas Cofessore […]
State Senate Leaders Must Save The MTA
The news front was quiet this weekend in the world of transit considering the financial crisis going on. Sunday’s New York Daily News had a strong editorial about how State Senate leaders must save the MTA: State Sen. Majority Leader Malcolm Smith and his Democratic colleagues stand fairly warned. Unless they change course, they will […]
