Get ready to empty your wallets, city drivers! The MTA’s money munchers have raked in a mind-blowing $7.8 billion in payroll, with their overtime spending soaring to a record-high $1.37 billion last year. That’s right, folks! Your hard-earned cash is being gobbled up by these transit titans faster than you can say “traffic jam.”
So, while New Yorkers pinch pennies and dodging potholes every day, the MTA swims in money like Scrooge McDuck in a sea of gold coins. And to add insult to injury, they’re about to slap drivers with even more fees with their fancy new congestion-pricing tolls starting on June 15. It’s like they’re saying, “Hey, thanks for keeping our buses running late and our subway cars smelling like old gym socks. Now, hand over your paycheck, please!”
No "Plan B" to raise $1 Bil/yr. Janno? How about slashing your $1.4 Billion in Overtime, or collecting the fares and tolls? Fixed it for you!https://t.co/I42g7YFhTj
— Andrew Fine (@AFineBlogger) May 13, 2024
And if you thought the MTA’s spending spree couldn’t get any more ridiculous, think again! Their overtime expenses have shot up by a whopping 6% since last year. That’s right, folks! While you’re stuck in traffic, the MTA employees are rolling in the dough like they’ve won the transit lottery.
But wait, there’s more! As the MTA’s money mountain grows taller, the rest of us are left digging through our couch cushions for spare change just to afford a subway ride. It’s like they’re playing a game of “How much can we squeeze out of the hardworking taxpayers before they revolt?” Well, it looks like the MTA is winning, and the rest of us are stuck footing the bill.
So, as the MTA’s bank account balloons to absurd proportions, city drivers are left wondering: when will the madness end? It’s like a never-ending game of financial roulette, with the MTA placing their bets on our wallets. And unless something changes, it looks like we’ll all be left holding the short end of the fare card.