'Fiscal tsunami': MTA chairman says agency is losing $200M per week

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'Fiscal tsunami': MTA chairman says agency is losing $200M per week

A top executive at the MTA says the agency is witnessing a "financial tsunami" caused by the COVID-19 pandemic.

News 12 Staff

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Jul 22, 2020, 9:02 PM

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Updated

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60°

Local

Crime

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Homeless Youth In Crisis

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'Fiscal tsunami': MTA chairman says agency is losing $200M per week

A top executive at the MTA says the agency is witnessing a "financial tsunami" caused by the COVID-19 pandemic.

Top Stories

Middletown man gets 40 years for 2024 Crawford shooting

STORM WATCH: Enjoy wednesday’s nice weather before nor’easter brings heavy rain Thursday and Friday

Third Port Chester water main break in 2 weeks raises concerns over decades-old underground utility records

VOTE 2026: Westchester Election Results

Complaints rise, relief falls as CFPB cuts hit tri-state consumers

Former chief warrant officer named Rockland County Veteran of the Year

Schumer gains Blumenthal endorsement to lead U.S. Senate after day of speculation

Perfect season, crushed dreams: Middletown varsity football team ousted over eligibility blunder

Broadway stars bring ‘It’s a Wonderful Life’ to life with a little radio magic

SUNY strengthens campus sexual violence prevention efforts following alleged gang rape at Cornell

Westchester County budget calls for 3.3% property tax increase with no layoffs or program cuts

Phelps Hospital opens 24/7 kosher food pantry for Jewish patients and families

Hot Toys: Character craze toy guide from KPop Demon Hunters to Paw Patrol and more

Spotty cell service frustrates Westchester residents, raises public safety concerns

Dr. William Mullaney inaugurated as new president of Rockland County Community College

State awards Goshen preschool $50K during license revocation proceedings

Flu cases on the rise in New York. What you need to know

North Rockland school monitor charged, fired after allegedly bringing gun to elementary school

Police: Woman injured after being struck by vehicle in Hartsdale

19-year-old taken from Bronx to Hartsdale before attack, couple pleads guilty