financial crisis

New York MTA backs off service reductions and layoffs, but still faces $8 billion deficit through 2024

The COVID-19 pandemic-induced financial crisis within the largest transit system in the United States has eased but not abated. While drastic service cuts are off the table for now and Metropolitan Transportation Authority (MTA) leaders anticipate $6.2 billion in capital project commitments in 2021, they are also calling on the passage of President Joe Biden’s […]

Read More
error: Content is protected !!