The State Assembly and Senate have released their long-awaited responses to Governor Kathy Hochul's executive budget, pointedly rejecting her plan to rescue the fiscally-beleaguered Metropolitan Transportation Authority and putting forth their own.
, after being blasted by virtually every stakeholder except the governor and MTA.
Legislators also proposed creating a residential parking permit system in New York City neighborhoods and ending Madison Square Garden’s lucrative property tax exemption — and sending the revenue from both to the MTA.Beyond just keeping the lights on at the transit agency, legislators also proposed an experiment with free bus service in the Big Apple, calling for the MTA to eliminate fares on two bus lines in each borough.
“Governor Hochul’s Executive Budget makes transformative investments to make New York more affordable, more livable and safer, and she looks forward to working with the legislature on a final budget that meets the needs of all New Yorkers,” said Hochul spokesperson John Lindsay.fatalistic rhetoric from MTA officials
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