Paterson urges Albany to vote on transit bailout | Crain#39;s bNew/bb…/b
Written by Admin on April 29th, 2009 in Uncategorized.
(AP) - As the bNew York/b City transit system sinks deeper into deficit, Gov. David Paterson said it’s time to end the bickering and vote on a bailout to avoid fare hikes and service cutbacks this summer. The Metropolitan Transportation Authority b…/b The Senate plan would use half of the btaxi/b fees — about $95 million a year — to leverage more than $1 billion in borrowing for upstate and Long Island bridge and road work, an enticement to gaining a couple GOP votes. b…/b
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