MTA considers fare hikes, service cuts to reduce budget issues

Name: MTA considers fare hikes, service cuts to reduce budget issues
Uploaded: 2020-07-22T22:03:28Z
Duration: 3 min 6 s
Description: The already cash-strapped MTA is losing roughly $200M a week from losses in fares, tolls, subsidies and COVID-related expenses, and is projecting a budget deficit of as much as $16B by 2024.

The already cash-strapped MTA is losing roughly $200M a week from losses in fares, tolls, subsidies and COVID-related expenses, and is projecting a budget deficit of as much as $16B by 2024.

Posted July 22, 2020 6:03pm EDT