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MTA faces budget gap of $3 billion
Rising construction costs have eaten away at the MTA's current capital budget, leaving a gap of up to $3 billion for basic repairs and service, officials said Wednesday.
"The [CAPITAL] program has some shortfalls in it," Metropolitan Transportation Authority CEO Elliot Sander said at an agency board meeting. "We will not be able to fund all projects in it."
The MTA is currently working...
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