Re:The NYC's MTA 20 Year Needs Assessment Reminds Us They Ca...
by Spooky23 on Sunday October 08, 2023 @03:13PM
(#37813517)
That’s not a policy priority or choice - NYC bankrupted mass transit decades ago and the bailout consisted of a grand merger between the bridge tolls and transit. The current situation is a result.
It’s a public authority secured by bonds. Unless the feds decide to pump billions of dollars into NYS/NYC, nothing happens unless the organization is insolvent again.
It’s a public authority secured by bonds. Unless the feds decide to pump billions of dollars into NYS/NYC, nothing happens unless the organization is insolvent again.