New York City and surrounding suburbs face the unthinkable.

According to Bloomberg, new service on city buses and subways could be reduced by 40%.

Commuter trains by 50%.

The Metropolitan Transportation Authority says they're going to be forced to raise

fairs and tolls and cut 9,000 jobs.

Now, for the 15 million people who depend on New York's mass transit, this is a disaster.

Bloomberg calls it a doomsday scenario.

They predicted if these cuts happen, the economic fallout will continue.

Even after the pandemic is over, the entire region will suffer and the suffering could

last for years.

New York's economy could take a $65 billion hit.

Total job losses could be north of 450,000.

Now, this adds up to a huge steaming pile of bad news for the Northeast, but there is

a solution that would stop this debt in its tracks.

If the federal government just steps in with a bunch cash, none of this bad stuff will

happen.

So, New York transportation bosses are begging and pleading.

They want a measly $12 billion from the federal treasure and save the buses, save the subways,

save the commuter trains, the jobs, the economy.

Then nobody could blame Governor Cuomo or the mayor, Di Blasio or the Democrat party for

closing down New York to play political games.

That's their objective.

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