Press Mention

MTA Postpones New York City Subway Fare Increases

Wall Street Journal

January 19, 2021

Andrew Rein, president of the nonpartisan fiscal watchdog Citizens Budget Commission, said it is reasonable for the MTA to delay fare increases by a few months because of riders’ economic hardship during the depths of the pandemic.

But he added that biennial fare increases are a smart way for the MTA to balance its budget and that the delay shouldn’t last longer than necessary.

“As the economy revives we need to ensure there is regular fare and toll increases no matter what federal aid comes,” Mr. Rein said.

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