Albany near fiscal fix for NYC transit

March 27, 2009 3:14:07 PM PDT
Legislative leaders say they expect to have a plan within days to head off steep fares hikes and reduced service planned for the financially-troubled New York City transit system.

Assembly Speaker Sheldon Silver and Senate Majority Leader Malcolm Smith won't say what the deal will include. They say they are negotiating now and will seek a consensus among their members behind closed doors.

They say an agreement is expected at or around the time the state budget is due, which is by the end of Tuesday.

The Metropolitan Transportation Authority Board voted Wednesday to impose fare hikes and painful service cuts to close a $1.2 billion budget gap.


NEW YORK AND TRI-STATE AREA NEWS

USEFUL LINKS:
  • VIEWER PHOTOS AND VIDEOS

  • REPORT TYPO

  • GET WIDGET

  • EYEWITNESS TWITTER

  • FIND US ON FACEBOOK



  • Load Comments