DiNapoliMTAAudit_ALL_2011_09_29_Q, FILE-STAFF,TL,STAFF

$14B capital program will harm MTA operating budget: DiNapoli

Posted by Philip Newman in State Comptroller, Statewide Offices on September 29, 2011 | No Comments

State Comptroller Thomas DiNapoli said the MTA’s plan to borrow more than $14 billion could further imperil the agency’s financial straits. “The MTA is in a very difficult position as it struggles to hold together a strained operating budget while proposing the largest borrowing program in its history to fund capital projects,” DiNapoli said. In [...]

Schumer East side Access, Santucci,TL,STAFF

Schumer asks feds to fund East Side Access

Posted by Philip Newman in Congress, U.S. Senate on June 23, 2011 | No Comments

U.S. Sen. Charles Schumer (D-N.Y.) has appealed to federal officials to approve the $2.2 billion vital to completing the East Side Access project, which could start bringing Long Island Rail Road commuters into Grand Central Terminal in 2016. Schumer suggested the $2.2 billion in federal funds recently rejected by New Jersey could become New York [...]