Mayor Michael Bloomberg said it best today when he summed up the state of the MTA. He says the MTA does not have a single dollar for it’s 2009 capital plan. Not just falling a little short…literally does not have a single dollar.
So now law makers are scrambling to find revenue alternatives. They are getting very desperate.
Governor Paterson is throwing around things like East River tolls, fare hikes, service cuts, and on and on.
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There’s probably some ideas missing, so hit them up in the comments.