The state authority running New York’s subway system needs more money – a lot more. The Metropolitan Transportation Authority (MTA) is asking state lawmakers for an extra $33 billion to fix and upgrade the city’s aging trains and stations. This comes on top of the new congestion pricing fees that drivers now pay to enter parts of Manhattan. “This is not a bailout,” MTA Chair Janno Lieber told state legislators recently. He explained that the MTA’s current $55 billion improvement plan is running out, and the system needs continued investment to keep running. Why So Much Money? The subway system, … Continue reading MTA Seeks $33 Billion as New York Subway Faces Aging Infrastructure and Rising Debt