Cuomo, Albany Balance MTA?s Books on the Backs of Straphangers

The MTA is already paying $2 billion a year to take care of past borrowing. The state comptroller's office forecast that debt service would rise to $3.5 billion per year by 2018 if the agency had to finance the rest of its current capital program with debt. That is essentially what Governor Cuomo and the [...]

Source: http://www.streetsblog.org/2011/07/27/cuomo-albany-balance-mtas-books-on-the-backs-of-straphangers/

John CampbellJones Adrián Campos John Cannon Eitel Cantoni Bill Cantrell