MTA Could Approve Massive Service Cuts, Layoffs in Mid-December

Without another stimulus effort from Washington, the Metropolitan Transportation Authority is prepared to decide on “draconian” service cuts and layoffs after sounding the alarm for months of a multi-billion dollar shortfall brought on by the COVID-19 pandemic. Significant budget-saving measures could be decided on as soon as next month and approved by December, MTA Chairman Pat Foye said Friday. “Our…