MTA's $33 billion shortfall means new taxes for New Yorkers

Name: MTA's $33 billion shortfall means new taxes for New Yorkers
Uploaded: 2025-01-08T18:04:00-0500
Duration: 2 min 58 s
Description: New York lawmakers returned to Albany Wednesday faced with the daunting task of finding more cash for the MTA. New taxes and fees are needed to fill a $33 billion budget shortfall, and it's not coming from congestion pricing. CBS News New York's Marcia Kramer reports.

New York lawmakers returned to Albany Wednesday faced with the daunting task of finding more cash for the MTA. New taxes and fees are needed to fill a $33 billion budget shortfall, and it's not coming from congestion pricing. CBS News New York's Marcia Kramer reports.