Transit Funding
In Total, $75 Billion Approved for Mass Transit
Last week, a majority of transportation initiatives were approved by voters. This is good news for transit advocates, but risks still loom.
Amtrak Funding Bill Passes
The Senate has passed a bill that will allocate $2.5 billion for Amtrak annually, with money going to operation, repairs, and new safety measures.
NYC Congestion Pricing Isn't Dead Yet
The prospect of a looming MTA deficit and rising transit fares is prompting a second look at congestion pricing in Manhattan, a project defeated by the state Assembly in April, notwithstanding a federal grant for $360 million.
Highway Funding: The Last Bastion of Socialism in America
Since 1956, federal, state and local governments have invested nine times more capital funding in highway subsidies than in transit.
Latest Culprit of Housing Crisis: Transit Expansion
Falling revenues from real estate taxes could impact transit expansion plans as New York's MTA faces a sharp decline.
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