“The trouble with net zero” http://feedly.com/k/1ikVrLk
It’s sad that a federal arbitration panel can’t look at the MTA budget in a broad context and see the need for capital spending for new services and repairs and instead recommends more borrowing. All that does is raise the future fare burden ever higher.
Kabak s point about the MTA boom bust cycle is very well taken. Cities and states do the same thing with pensions and we’re beginning to see how well that worked out.