Blood on the Tracks

East, East Coast
Wednesday, March 24, 2010
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God forbid, but we'll probably be seeing a lot more of this in the near future.

The MTA finally passed its so-called Doomsday Budget today. If this comes as a surprise, well, you’re not the only one taken aback. Last year, the transit authority was in a similar predicamentβ€”in part because the Legislature refused to implement congestion pricing but mostly because of the recession. But, as with most things in (at least New York) politics, an eleventh hour deal was brokered and the funds were found to stave off the draconian cuts. We figured that would be the case this time around, especially since the MTA’s new and particularly shrewd boss Jay Walder made all the right cuts that would be politically unpalatable for Albany to keep in place, like, say, Student MetroCards. So then why did they pass? Read More

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