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Brace Yourself: MTA Revealing ‘Doomsday’ Budget


sub.jpgThe Metropolitan Transportation Authority unveils its “doomsday” budget on Thursday and it appears that no one is spared.

Right now passengers are paying $2 per ride, but with a new proposed 23-percent hike they’ll pay a whole lot more for a whole lot less.

When it comes to the MTA’s budget problems there’s the bad news and the worse news.

The bad news: In one scenario under consideration fares on buses, subways, commuter rails and toll bridges may go up as much as 33 percent. Subways could cost $3.

The worse news: Sources tell CBS 2 HD straphangers could be faced with not one, but two fare hikes, this year and next year.

And in addition to eliminating the W and Z subway lines – as well as steep reductions on other subway lines and bus routes — there are also plans for severe and painful service cuts on the Long Island Rail Road and Metro-North.

(Source: WCBSTV)



7 Responses

  1. Why? MTA was mismanaging it’s money with bad policies too?

    The honesty! They used to fire management if they let things get to bad. Now they make it profitable. I hate to say it, but the rubber band has been stretched too far and may snap.

  2. The MTA is planning to save money by eliminating their pest control program and to withhold rat poison throughout the system.

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