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It's time to generate the revenues needed for mass transit capital, operations, and maintenance.
Even New York City, transit capital of the nation, usually fails to provide.
In New York, the public transit capital of America, this is disgraceful.
By contrast, the $787 billion stimulus law contains only $8.4 billion for transit capital improvements across the nation.
Another federal report found last year that the nation's transit systems were deteriorating, and warned that, "Decaying transit capital assets raise concerns for service reliability and rider safety".
"New York City's supposed to be the transit capital, but it's New Jersey that's opening new lines," said Kenneth T. Jackson, a professor of history at Columbia University who has written extensively about transportation and urban areas.
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We believe, however, that the city's economy and the M.A.C. bondholders will derive greater long-term benefits by combining debt repayment with mass-transit capital assistance.
Congestion pricing fees can produce significant and recurring new money for mass transit's capital expenses.
"All we're saying is that there must be parity between mass transit and the capital plan for highways".
Last week, the inspector general's office at the federal Transportation Department called East Side Access "one of the largest, most complex capital transit projects in the country" and announced it would conduct a review of the Federal Transit Administration's oversight of the project.
"Crossrail will revolutionise east-west transit in the capital, making London an even more attractive place to visit and invest".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com