The MTA’s finances are in free-fall — even if Uncle Sam helps out

Even if the MTA gets the new federal bailout it’s hoping for, it’s going to have to seriously retrench, warn the fiscal watchdogs of the Citizens Budget Commission. That means revamping its $55 billion modernization plan as well as hikes to fares and tolls. The agency wants another $4 billion from Congress, but its projected...

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