The nation’s biggest public transit system is facing ruin. Will Congress save it?
“New York’s Metropolitan Transportation Authority, the biggest system of its kind in the country, has few options left to avoid complete destitution after the economic fallout from Covid-19. The MTA is staring down a $10 billion deficit in the short-term and is begging Congress for billions more after it burned through the last $4 billion it got from Washington. It’s now spending $200 million a week.”