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MTA Deficit 2021- $800 million- Congestion Pricing Revenue 2021 will be $ 1 billion if passed

MTA deficits

Congestion pricing is an essential step to keep the MTA’s operations and capital plans for construction, new signals and track, and new subway cars, buses, and commuter rail cars funded. But it is actually just a step. It would stabilize the current plan to borrow $12 billion for new investments and maintain operations through 2022 because estimates are it would yield $1billion a year in new revenue. But that would leave the Fast Forward Plan and the next Capital Plan still unfunded.

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