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June 15, 2017The MTA's revised capital plan adds $2.8 billion investments, but the new money and other changes are not wholly aligned with what is needed to get the trains running on time
March 15, 2017The MTA's modified financial plan include 5 noteworthy changes which have the combined impact of slightly worsening the agency’s fiscal outlook.
November 27, 2017There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.
June 26, 2017Joe Lhota returns as Chairman of the MTA. Much has occurred since Lhota last chaired the MTA, and the following charts illustrate the agency’s current plight.
July 20, 2017Is the enhancement of 32 stations at a cost of nearly $1 billion worth the trade-off against other capital needs?
March 09, 2017Do the State's transportation and transit investments really achieve "parity" between the DOT and the MTA? They don't -- and they shouldn't.
Blog State Budget
March 16, 2017The NYS FY2018 Executive Budget includes three proposals to reduce the State’s cost of providing retiree health insurance. Budget savings would be modest, but the reduction in the OPEB liability would be significant.
Blog Health Care
April 18, 2017Taxes initially earmarked for health care programs are now being transferred to the State's General Fund and used for other purposes. The Legislature should replace them in future budgets.
Blog Economic Development
April 07, 2017It's official: NY's economic development programs cost more than in any other state.