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'New York's MTA to put fare hike' rate hike

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New York's MTA to put fare hike

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03/29/09 00:19

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New York's MTA to put fare hike

In order to reduce deficits, New York's MTA board approved rate hikes that will see $2.50 bus and subway rides, among others.

In a series of three 12-1 votes, the board also approved deep service cuts and layoffs, and the suspension of its five-year expansion and upgrade plan.

However, MTA chairman Lee Sander said that it is not too late if the state decides to produce a bailout plan.

Link: WNYC - News - MTA Approves Fare Hikes

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