Cuomo Says N.Y. Will Put $8.3 Billion Toward MTA Capital PlanMartin Z. Braun
Governor Andrew Cuomo said New York will allocate $8.3 billion toward the capital plan of the Metropolitan Transportation Authority, which runs the biggest U.S. transit system.
The agency has an $11 billion deficit in its capital plan, which pays to maintain and expand the New York City subway, bus and suburban railroad system.
Cuomo made the comments Monday in Manhattan at a meeting of the Association for a Better New York, where he appeared with U.S. Vice President Joseph Biden to discuss improvements at LaGuardia Airport.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- In One Tweet, Kylie Jenner Wiped Out $1.3 Billion of Snap’s Market Value
- U.S. Companies Abandon the NRA as Boycott Call Grows
- China Regulator Seizes Anbang, Chairman Faces Fraud Prosecution
- The Two Words That Will Help Get an Airline Upgrade Over the Phone
- Prime-Age Men May Never Return to U.S. Workforce, Fed Paper Says