What you should know
- New York City transit riders got some good news Monday: There will be no fare increases for the MTA for now.
- Hochul said the MTA will use a portion of President Joe Biden’s historic $ 1 trillion infrastructure bill to make this happen.
- Federal dollars will do more than keep subway rides at $ 2.75. Passengers can expect service to remain the same for the next two years.
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NEW YORK – New York City transit riders got some good news Monday: There will be no fare increases for the MTA for now.
The development has a great impact on all train, bus and metro users.
“We anticipate there will be no rate increases for the MTA,” said Governor Kathy Hochul. “So, therefore, those of you who commute on the MTA and have been anxious about how much this is going to go up, especially in this age of inflation. I am very excited to say that we will not have to increase fairs or have cuts in the service”.
Hochul credited a bipartisan group of lawmakers in Washington, DC for not raising rates.
Hochul said the MTA will use a portion of President Joe Biden’s historic $ 1 trillion infrastructure bill to make this happen.
Users in the area gave a good look to the latest news related to public transport.
“Many people are still fighting [en su día a día] So it will be great to help a lot of people who ride the subway every day, “said Shurla Tyler, a New Yorker.
Federal dollars will do more than keep subway rides at $ 2.75. Passengers can expect service to remain the same for the next two years.
“The service cuts that were planned for 2023 and 2024 are now off the table for MTA travelers,” Hochul said.
MTA Acting President and CEO Janno Lieber said his agency is making these decisions in an attempt to encourage people to take public transportation.
“The bottom line is that we are not going to raise the fare anytime soon and we are not going to cut service, and we want our passengers to come back,” Lieber said.
However, he declined to say whether there will be a rate hike in the near future.
“This is not the time to speculate,” Lieber said.
Amid the news, New Yorkers still called for more cops on the subway system, as riders remain nervous due to recent subway violence.
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