Cameron on Transportation
All Aboard for Budget Fantasyland: Cameron on Transportation
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The Governor’s proposed biennial budget for transportation just doesn’t add up. Thanks to reduced rail ridership, he’s projecting cost savings in the CDOT budget of $82 million over the next two years but promises no further cuts in service beyond those already taken during the pandemic. But how does that jibe with Metro-North parent MTA’s projected $8 billion operating deficit through 2024? Even pre-pandemic when ridership was at record highs, Metro-North still lost money. And taxpayers made up the difference.