Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In
Sheldon Silver

Silver on MTA Funding Plan: Wait Until 2012 Budget Debate

Assembly Speaker Sheldon Silver said Albany wasn't currently working on any plan to pay for the MTA's capital program, but that it should come up during budget season. Photo: Noah Kazis.

The current MTA capital budget is very bad news for transit riders, who are being asked to shoulder $7 billion in debt all on their own. Where can the 8 million daily riders who count on the MTA turn for help?

Not Washington: The just-negotiated debt ceiling deal is likely to mean more cuts to transportation, which would probably translate into more cuts at the MTA.

Not Andrew Cuomo: The governor never even made time for a sit-down meeting with MTA chief Jay Walder, reports the New York Times, much less developed a plan for adequately funding transit. According to the Tri-State Transportation Campaign, Cuomo is focused on finding funds to pay for roads and bridges instead of tracks and trains.

Not Michael Bloomberg: The MTA's budget calls for the city to chip in half a billion dollars from the new tax revenue that will be generated by the Second Avenue Subway. The mayor put the kibosh on that idea on his weekly radio show, according to Transportation Nation.

Not the State Senate: Senate Republicans remain focused on eliminating the payroll mobility tax, which brings in $1.5 billion a year for transit. In June, eight Democrats voted with them on a one-house bill to phase out the tax.

That leaves just the State Assembly, which could redeem its decision to kill congestion pricing in 2008 by leading the charge for transit now. After an event today marking the opening of a new entrance to the Fulton Street transit center, Streetsblog asked famously tight-lipped Assembly Speaker Sheldon Silver whether there are any discussions about funding the rest of the MTA's capital plan happening in his chamber.

"There are none going on right now, but I'm sure they'll be part of the next budget conversation," Silver said.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

Cyclist: Cop Pulled a Taser During Summons Chase

In a dramatic escalation of the NYPD's criminal crackdown on bike riders, a police officer pulled a stun gun while chasing a cyclist for allegedly running a red light on a regular bike.

May 30, 2025

Albany Pols Seize the Helm(et)

Helmet laws remain controversial — they're the "common-sense" approach pushed by lawmakers who ignore that studies show they don't improve safety.

May 30, 2025

Tisch Reveals Real Reason for Her E-Bike Crackdown: E-Bike Licensing

NYPD Commissioner Jessica Tisch doubles down on her cycling criminalization campaign, saying e-bike licensing is the only other option.

May 30, 2025

Friday’s Headlines: A ‘Critical’ Moment Edition

Cyclists will protest against the NYPD's bike crackdown with a Critical Mass ride to City Hall on Friday. Plus more news.

May 30, 2025

Eyes on the Street: Astoria’s Big Beautiful 31st Avenue Bike Boulevard

Streetsblog paid a visit to New York City's widest on-street protected bike lane ever, which is up and running in Astoria.

May 30, 2025
See all posts