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MTA Has Been In A "State of Emergency" For Four Years

MTA Has Been In A "State of Emergency" For Four Years
gothamist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gothamist.com Daily Mail and Mail on Sunday newspapers.

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One in Five North American Public Companies Remains Under Financial or Operational Stress, BCG Research Shows

One in Five North American Public Companies Remains Under Financial or Operational Stress, BCG Research Shows
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Metro North Could Raise Fares

Metro North Could Raise Fares The largest mass-transit system in the U.S. could be raising its fares this year. Bloomberg reports that the MTA will be debating on increasing fares. The discussions will happen on Thursday, January 21. The idea to raise fares comes as ridership is drastically down due to the COVID-19 pandemic. Riders, however, are already struggling to pay fares and bills because of financial hardships related to the pandemic. According to Bloomberg, Congress agreed in December 2020 to give the MTA another $4 billion of aid. This is part of the latest federal COVID-19 relief package. This is the same package that gave the majority of people in the U.S. a $600 relief check. The MTA has a $17 billion budget for 2021.

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