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The MTA is a Degenerate Gambling Welfare Queen

10.21.10 Bucky Turco

According to a report by the Drum Major Institute for Public Policy, straphangers will continue to get screwed because the MTA burns a huge part of its budget paying interest on past debt which now hovers in the $31 billion range. The inability of lawmakers in Albany to balance their own books isn’t helping either. The non-partisan group also said that unless soon-to-be Governor Andrew Cuomo plays sugar daddy, riders can expect even worse service and fare hikes.