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Fernando Ferrer

Politics
10-Point Plan To 'Transform' MTA Unveiled By Cuomo, de Blasio 10-Point Plan To 'Transform' MTA Unveiled By Cuomo, de Blasio
10-Point Plan To 'Transform' MTA Unveiled By Cuomo, de Blasio Elected officials in New York have reached an agreement on a new plan to “transform” travel in the state. New York Gov. Andrew Cuomo and New York City Mayor Bill de Blasio have introduced a 10-point proposal to transform the MTA and create “dedicated and sustained funding streams for the agency.” The plan includes “congestion” tolling and a reorganization of the MTA. The proposal would see tolls vary based on the time of day, with the prices being set next year and introduced in 2021. According to reports, the lawmakers have suggested that some of the resulting tax revenue from potentially …

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by Zak Failla
News
MTA Plans New Rate Hike, Citing 'Very Difficult Economic Times' MTA Plans New Rate Hike, Citing 'Very Difficult Economic Times'
MTA Plans New Rate Hike, Citing 'Very Difficult Economic Times' Travelers can expect a hike in prices as the Metropolitan Transportation Authority proposes a rise in fares and tolls for the coming year to cover rising expenses. Citing projected declines in revenues and increases in cost for providing services, the MTA announced that it will require “fare and toll adjustment and new sustainable revenue sources in order to avert significant service cuts and layoffs.” “In the face of very difficult economic times, we’re aggressively pursuing cost savings and identifying efficiencies while we work hard to create the renewed and modernized public transportat…

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by Zak Failla