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Editorial: As the subways crumble

2015-06-07 11:07:01| Railroads - Topix.net

With subway delays creeping ever upward and packed trains creeping ever slower, New Yorkers are getting a grim preview of where things are headed if Albany keeps starving the Metropolitan Transportation Authority for cash: The MTA says it needs to invest $32 billion over the next five years to shore up decaying infrastructure, modernize aging equipment and accommodate record-high ridership. It has just $18 billion in capital funding available - leaving a whopping $14 billion gap.

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