NYC Subway Chief Warns of ‘Death Spiral’ Without $40 Billion Fix
- A Democratic Senate and a transit crisis may spur more funding
- Politicians continue to fight over who will pay, and how much
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The Metropolitan Transportation Authority, which manages New York’s transit system, is at a crossroads after decades of underfunding and neglect.
It either invests as much as $40 billion over the next decade in an overhaul, or it descends into a “death spiral,” says Andy Byford, who oversees the subways and buses.