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Transportation Woes: MTA's Cash Woes Could Lead to Higher Transit Fares

2015-09-30 18:21:09| Railroads - Topix.net

Straphangers may have to reach deeper into their pockets if the city and state continue to shoot down pleas for more funding from the Metropolitan Transportation Authority. A report released by State Comptroller Thomas DiNapoli and spotted by DNAinfo says that the agency may be unable to maintain a 4-percent fare hike cap if the city and state don't contribute more to the MTA's capital budget.

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