• The Bix Ax Just Fell: MTA Set to Begin Budget Cuts to Address Defecits

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This forum will be for issues that don't belong specifically to one NYC area transit agency, but several. For instance, intra-MTA proposals or MTA-wide issues, which may involve both Metro-North Railroad (MNRR) and the Long Island Railroad (LIRR). Other intra-agency examples: through running such as the now discontinued MNRR-NJT Meadowlands special. Topics which only concern one operating agency should remain in their respective forums.

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  by Pensyfan19
 
Sorry to be the bearer of bad news but the axing is being seriously considered and is starting to be carried out. :( :( :(

https://trn.trains.com/news/news-wire/2 ... ge-deficit
New York’s Metropolitan Transportation Authority will announce the first cuts to address a massive budget deficit created by the COVID-19 pandemic, with more drastic cuts, including service reductions, to come. The New York Times reports moves under review include service reductions, job cuts, postponement of infrastructure projects, and toll increases at the bridges and tunnels run by the agency. Facing deficits now projected at $16.2 billion through 2024, MTA chairman Patrick J. Foye said the size of the shortfall is “why these unpalatable, unacceptable alternatives have to be considered. … We’re going to have to make hard choices no matter what happens here.” Officials say that additional emergency federal assistance currently under consideration in Congress could help prevent some of the cuts, but even with more aid, there will still be a deficit. On Wednesday, the MTA board is expected to review cuts that will save $1 billion in 2021 with moves including elimination of consulting contracts and reduction of overtime, but that will only be the beginning of the process.