Transit- MTA says union wage freeze, fare hikes must reduce deficit

Posted: August 9, 2012 in Uncategorized

Times Ledger, August 3, 2012

MTA officials describe their financial plight as fraught with risk, although Chairman Joseph Lhota says he is more optimistic now than when he took over the transit agency six months ago. Lhota said he is, however, concerned over the “long-term trend in our expenses.”

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