Subway fares are set to rocket as MTA bosses vote on outrageous price hike
Briefly

Subway fares are set to rocket as MTA bosses vote on outrageous price hike
"While none of the board members voted against them, Melva Miller admitted she struggled with the decision "For many New Yorkers that 10 cents might not sound like a lot yet for someone balancing child care costs, rent, housing, all the other sort of affordability, utilities and other rising costs living in New York City, that can dive them into impossible choices," she said during the meeting, according to the New York Post."
"Eleven MTA board members voted in favor of the controversial price increases, and two abstained. Fellow board member and Boston Consulting Group managing director Neal Zuckerman, in contrast, suggested the price increases should not be referred to as "hikes" because the new price will remain below the inflation New Yorkers have experienced over the past three years. "This is not a hike, ladies and gentlemen, I'm sorry," he said. "That is modest.""
New York City transit leaders approved a ten-cent increase to subway and bus fares, raising them to $3 beginning in 2026. The vote followed an estimated $1 billion revenue loss last year attributed to fare and toll evasion, largely on subways and buses. The board also finalized changes to commuter rail fares and regional tolls, with some bridge and tunnel tolls rising about 7.5%. The measure passed with eleven votes in favor and two abstentions. Board members expressed divided views on affordability, with concerns about low-income riders contrasted against arguments that the increase is modest relative to recent inflation.
Read at The Mirror US
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