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Economic Downturn Contributes to Major Deficit at M.T.A.

An Ironic SituationPublic transit, which in the face of record gas prices has been looking increasingly attractive (although fuel costs have recently declined), is now being challenged by the economic downturn as certain revenue streams dry up. For example, the Metropolitan Transit Authority "faces a $1.2 billion budget deficit in...

Source: TreeHugger

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