According to Political, the biggest public transit system in America is facing ruined. Will Congress step in and save it? After the coronavirus hit New York's Metropolitan Transit authority got a four billion dollar bail out from Washington.
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Episode Transcript
According to Politico, the biggest public transit system in America
is facing ruin. Will Congress step in and save it?
After the coronavirus hit, New York's Metropolitan Transit Authority got
a four billion dollar bailout from Washington. They blew through it.
Now they're facing a ten billion dollar deficit, and they're
worried the three billion dollars the MTA gets from taxes
(00:22):
won't come through because the tax base has gone. Now
all options are supposedly on the table. Massive increases in fairs,
slashing the workforce, which means war with the union, slashing
the operating budget, slashing service. Even if Governor Cuomo takes
all these actions, they're still gonna be billions in the whole.
(00:43):
If New York Mass Transit fails, Liberals fear it will
lead to an economic crisis in the entire Northeast. So
New York politicians are begging the federal government for thirty
two billion dollars to keep the transit authority going. Democrats
who run the House are happy to spend whatever Andrew
Cuomo and Chuck you Schumer asked for, but Republicans not
(01:04):
so much. Why should the Republicans intervene. Northeast liberals have
spent every wakened moment for the last four years trashing Trump,
and now they come in hat in hand, begging for
billions to save the city. They are destroying the proper responses.
It's hold, we go pound sand and at a landfill.
Let them fix their problems themselves. They're gonna have to
(01:25):
save that city somehow, especially since their policies caused these problems.
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