MTA Finances
MTA Financial Contingency Plan Could Turn Hypothetical Service Cuts Into Reality
We all know how the story has gone so far. For years the MTA’s path to financial ruin has been aided by bad decisions & public officials who felt properly funding the agency was not a priority. For years this road has been covered up by black ice due to a windfall of profit from […]
MTA Gets Price Gouged On Bus Fuel
The story is well known around these parts & other likewise places, the MTA’s finances are in horrible shape. The agency finds itself trying to find any & every way possible to cut costs & save money to help starve off $1+ billion dollar budget deficit. While this daily battle continues, news has come out […]
Mayor Bloomberg’s MTA Reps Balk At NYFD/NYPD Toll Proposal
Yesterday afternoon I wrote an entry about the
Mayor Bloomberg Says City Bridges Are Not For Sale
In the previous entry I mentioned how former Transportation Commissioner Louis Riccio proposed an idea of the MTA buying the Manhattan & Williamsburg Bridges for $1 each. The proposal was made at Monday’s initial Ravitch Commission hearing at NYU. The proposal got a quick response from NYC Mayor Michael Bloomberg who nixed it immediately. New […]
MTA Should Buy Two City Bridges For $1 Each….
Earlier this afternoon I wrote about the initial Ravitch Commission hearing that was held at NYU. I mainly focused on the main sentiments that are shared by many transit advocates throughout the region. However at this hearing former Transportation Commissioner Louis Riccio proposed an idea he called “congestion pricing lite”. The idea called for the […]
