123_metrocard.jpgWith even the price of even churros going up, we should have seen this coming from the MTA: “[E]xecutive director, Elliot G. Sander, said that the transportation authority faced an operating deficit of as much as $500 million to $700 million next year and that it would “have no option” but to raise fares in 2009 if it did not receive considerable outside financial assistance.” |NYT|