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DiNapoli: Feds Must Step Up or NYC Metro Region Faces End of Public Transit As We Know It

New York State Comptroller Thomas P. DiNapoli released the following statement today in response to the Metropolitan Transportation Authority’s release of its November budget and financial plan:

“Our regional transit system is on the edge of a precipice. Without a significant infusion of federal funds, the region faces service cuts in 2021 that would change public transit as we know it. It’s too late for federal help to assist the MTA this year, forcing it to borrow almost $3 billion to get through 2020 and saddling it with even more debt in the coming years.