Today, the Partnership for New York City submitted the following testimony on the impact of COVID-19 on the Metropolitan Transportation Authority and public transportation to the New York State Legislature.
Thank you chairs Kennedy, Comrie and Paulin for hosting this hearing on the future of the MTA in the wake of the COVID-19 crisis. The Partnership for New York City represents private sector employers of more than 1.5 million New Yorkers. We work with government, labor and the nonprofit sector to maintain the city’s position as the preeminent global center of commerce, innovation and economic opportunity.
A modern and efficient public transit system is essential to our city and region’s economic recovery and future growth. We have continually and actively advocated for federal funding to fill the huge revenue losses the system has experienced due to the pandemic, but so far only a quarter of what is needed has been forthcoming. Without federal action on the $12 billion the MTA says it needs to get through 2021, there is no way the agency can remove itself out of what Chairman Foye has called a “fiscal tsunami.”Read more