Op-ed | Fiscal crisis puts MTA in dire need of new funding

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There’s no way to sugarcoat it: the MTA is in a financial crisis. As we announced at our last Board meeting, the agency’s facing a projected $2.6 billion deficit in just a few years. We’re in dire need of new funding to keep our vital transit system – and the region – alive.

New York can’t function without strong public transportation. We rely on it like air and water, in good times but especially in bad.

COVID proved that mass transit was essential for the City’s survival. Everyone wanted us to keep running full service, even when the pandemic had us down to just 10% ridership, because essential workers needed it. And when the City’s recovery got underway, again we needed full service to power that revival.

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