Mysterious Transportation Authority NY Torch

Over at NY Public Payroll Watch, E.J. McMahon criticizes Gov. Paterson and others for allowing the state-run Metropolitan Transportation Authority to abdicate one of its main responsibilities -- negotiating a better contract with the New York Cit...

A $700bn stimulus, and all I got was this lousy $4bn? NY Torch

Of next year's expected $700 billion federal infrastructure stimulus package, New York state likely will get $4 billion for mass transit, with most of that money going toward city projects, including a second station on the planned extension westwa...

Macquarie’s toll-road pothole NY Torch

States and cities hoping to fill in budget gaps with cash-outs of future toll-road revenues and the like by handing revenue-generating assets over to private operators for up-front money may be sobered up by a report out yesterday from Australi...

Digesting the Ravitch report on MTA finances NY Torch

As promised, here are our articles in today's newspaper parsing the Ravitch report on how to fix the finances of the Metropolitan Transportation Authority: E.J. on "A Just Plain Terrible Tax Proposal" Me on the "Devilish MTA Details"...

The MTA’s next tax bite NY Torch

The Ravitch Commission is said to be mulling a payroll tax to help close large deficits faced by the state Metropolitan Transportation Authority (MTA).   Other elements of the package reportedly would include fare increases and the acquisition and ...

PPP perils NY Torch

India's current plight shows why it's not a good idea for any local or state government in America to think it can depend on private-public partnerships to fund its infrastructure construction projects once it's out of municipal-borrowing capacity (o...