Public transit systems across the country are struggling under the weight of the coronavirus pandemic. Revenue is plummeting as commuters nationwide stay home to prevent the spread of virus.
Revenue is plummeting as commuters nationwide stay home to prevent the spread of virus. "The stark reality is that, as more people stay home following the advice of medical experts, the MTA is now facing financial calamity," wrote Patrick Foye, the chairman of New York's Metropolitan Transit Authority, in a letter last week.
"We thank leaders on both sides of the aisle and the Trump Administration and strongly urge them to swiftly approve the highest possible funding level for public transit and distribute these funds to transit systems as quickly as possible," said Skoutelas.A survey by the nonprofit industry group found that some transit agencies are seeing ridership declines that surpass 80% -- and this was before many states declared that all nonessential workers must stay home.
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