MTA warns of massive service cuts, fare hikes without $12 billion in federal coronavirus aidNEW YORK — The MTA on Wednesday warned of potentially severe service cuts and fare increases should they not receive much-needed federal aid amid the coronavirus pandemic.
"The survival of the MTA and the existence of millions of jobs in this region and across the country lies squarely in the hands of the federal government," MTA Chairman and CEO Patrick Foye said at the start of the meeting.
According to Foye and MTA Chief Financial Officer Robert Foran, if the agency doesn't receive $12 billion in additional federal aid, they will likely be forced to take drastic measures that would greatly effect New Yorkers...Read all.
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