Transit Funding
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ICYMI: De Blasio Plugged Debt-Spouting Ferry Service With Millions From Times Square
The NYC Economic Development Corp. sent $28 million to city coffers last fiscal year — a fraction of the proceeds passed along before costly boat service launched.
October 1, 2020
Report: Transit Riders — Especially People of Color and the Poor — Will Be Especially Screwed by Federal Cuts
People of color, the poor, and New York's hardest-working residents would be disproportionately affected by transit cuts if the MTA doesn't get a cash infusion fast, a new report reveals.
September 29, 2020
Congress Sells Out Non-Drivers by Reauthorizing FAST Act
Congress passed a short-term spending bill that will renew funding for our existing car-focused infrastructure, missing an opportunity to reform a broken system that's killing our planet and its people.
September 23, 2020
OPINION: Five Cheap Ways To Improve the Subway
The MTA could help fix its bottom line by caging tips from other subways around the world.
August 31, 2020
State Senators Admit They Don’t Understand The MTA’s Enormous Deficit
Legislators, including State Senator John Liu, displayed a stunning lack of insight into where the MTA's money comes from and the long-term financial state of the hobbled transit agency.
August 26, 2020
Transit Watchdogs: Raiding MTA Taxes Will Threaten A Federal Bailout
Governor: Keep your hands off tax money that's supposed to go to the cash-strapped MTA!
April 30, 2020
Report: MTA Will Need ANOTHER $4-8 Billion in Fed Funding
Um, about that $3.7 billion...
April 15, 2020
Advocates: MTA’s Finance Quick Fix Should Not Become Permanent
State budget negotiators are considering touching the ultimate third-rail of MTA funding — raiding revenue sources that are earmarked for capital improvements — in order to stave off an immediate fiscal collapse.
April 1, 2020
MTA Leads Multiple Agencies in Demanding $25B from Congress
The leaders of 10 transit systems — from coast to coast — are begging Washington for "at least" $25 billion in emergency funding as they battle the twin symptoms of the coronavirus: freefalling ridership and additional costs.
March 23, 2020
UPDATED: MTA in Free Fall: Low Ridership Numbers Could Mean Massive Debt, Cuts
It's the latest evidence that the MTA is going to need a huge infusion of public cash from the Trump administration.
March 18, 2020