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Report: MTA broke by August

(Source: Railway Age, June 22, 2020)

NEW YORK — According to a report on Bloomberg.com, New York’s Metropolitan Transportation Authority (MTA) will run out of money in August if the U.S. Senate does not approve the economic stimulus measure that would provide about $3.9 billion to the agency, Chairman Patrick Foye said.

Full story: Railway Age

Tuesday, June 23, 2020

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