Budget Issues
The budget deficit of the MTA is a growing crisis for the organization as well as New York city and state residents and legislature. The MTA currently holds $31 billion in debt and it also suffers from a $900 million gap in its operating budget for 2011.
Read more about this topic: Metropolitan Transportation Authority (New York)
Famous quotes containing the words budget and/or issues:
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)
“How to attain sufficient clarity of thought to meet the terrifying issues now facing us, before it is too late, is ... important. Of one thing I feel reasonably sure: we cant stop to discuss whether the table has or hasnt legs when the house is burning down over our heads. Nor do the classics per se seem to furnish the kind of education which fits people to cope with a fast-changing civilization.”
—Mary Barnett Gilson (1877?)