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MTA Doesn't Need Bailout

Posted 7/24/20

To the Editor: Metropolitan Transportation Authority Chairman Pat Foye said, "Everything's got to be on the table" concerning his budget crises. When will he acknowledge that the MTA already has the financial resources without a second $3.9 billion Federal bailout?

The MTA has $12 billion worth of Federal Transit Administration funding for projects and programs in active grants. Has a forensic audit ever been conducted to see what portion of these funds has not been spent?

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