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Clock's ticking on half-funded capital plan, but MTA is slow to spend

2015-06-09 08:47:01| Railroads - Topix.net

Metropolitan Transportation Authority Chairman Thomas Prendergast is predicting "deep trouble" if lawmakers in Albany neglect to come up a plan to fully fund the agency's $32 billion, five-year capital plan. But the agency often lags in its state-of-good-repair spending anyway, a budget watchdog is reporting.

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