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NYC public transit needs a federal rescue: Coronavirus devastation will require billions from Washington

NYC public transit needs a federal rescue: Coronavirus devastation will require billions from Washington 1

Like many other government agencies and companies across all industries, we are hemorrhaging money. MTA revenue has nosedived in tandem with ridership, which has dropped by 74% on the subways, 61% on our buses, 94% on Metro-North and 76% on the Long Island Rail Road, all as a result of the pandemic.

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