Cuomo Budget Includes No Transit Raids, Opens the Door to Massive MTA Debt

Governor Andrew Cuomo’s 2012 budget, released this afternoon, offers what now passes for good news for transit: maintenance of the status quo.
The budget breaks the three-year streak of raiding dedicated transit funds to patch up the state’s deficit, and it restores the hundreds of millions of dollars that Albany cut from the MTA’s payroll mobility [...]

Source: http://www.streetsblog.org/2012/01/17/cuomo-budget-includes-no-transit-raids-opens-the-door-to-massive-mta-debt/

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