The MTA has proposed no wage increases for three years, followed by a 2 percent raise.
The Daily News is reporting that the union president says he'll accept a 1 percent raise for each of the next three years.
New York City transit workers are currently on the job without a contract after the deal with the MTA ran out at midnight Monday. But there is no talk of a strike.
Transport Workers Union Local 100 represents 34,000 bus and subway workers.
The MTA says it will continue to negotiate with the union, even though talks over the weekend failed to reach a settlement.
The MTA says the sides are still far apart.
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