MTA Announces No Fare Hikes This Year
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As ridership slowly returns to mass transit, MTA board members announced they will not push for a fare hike this year.
The MTA announced Monday that a previously postponed fare hike will not happen at all in 2021. MTA board member Larry Schwartz, who chairs the finance committee and is a close confidante and adviser to Governor Cuomo, said it would be inappropriate to raise fares, during Monday’s MTA committee meetings.
“Now is not the time to raise fares,” Schwartz said Monday. “At a time when we need to encourage increasing ridership, raising fares does the opposite.”