Cuomo Says N.Y. Will Put $8.3 Billion Toward MTA Capital Plan

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.