Crisis at NY's MTA 'far worse' than Great Depression
"Not only does investment in the MTA benefit New York City, the New York City business community, New York State, and the Tri-State region, but it also benefits the national interest," Foye said.
New York's coronavirus-hit Metropolitan Transportation Authority (MTA) will have to start implementing a dramatic job and service reduction plan in November if it does not receive billions of dollars in federal aid, the agency's chairman said on Thursday.
Patrick Foye said the MTA's upcoming board meeting in November was the cutoff date for pulling the trigger on a plan to lay off 8,400 workers and cut city subway and bus service by up to 40 percent.
