Will Hurling More Money At The MTA Improve New York City’s Transit?

[Originally published by Forbes]

 

After some head-butting between powerful politicians who dislike each other, the Metropolitan Transportation Authority will get funding for its 5-year capital plan. Last week, New York City mayor Bill de Blasio and state governor Andrew Cuomo worked out an arrangement for the city to contribute $2.5 billion, and the state $8.3 billion, towards the MTA’s $26 billion budget. This is the city’s largest-ever contribution, and will be used to modernize the dated yet economically important New York City transit system. What hasn’t been discussed between both leaders, though, is the reason why the MTA needs so much money–because it prioritizes labor and bureaucracy over actual services…[read the rest at Forbes]