The MBTA’s fiscal and structural problems are so severe and pervasive that marginal reforms will no longer suffice. The MBTA has reached the end of its line and needs a comprehensive rescue plan before there is any discussion of new revenue.
(Governor) Baker said he found the MTF report "compelling." "It raised some really serious issues about not just the history of the T but also the future of the T, and I think anybody really interested in the future of that organization should read that report and recognize that it was done by an organization that has a lot of credibility," Baker said(Matt Murphy/SHNS).
A major study released today by two leading business groups, the Massachusetts Taxpayers Foundation (MTF) in collaboration with the Massachusetts Business Roundtable MBR), offers a blueprint to ensure the greatest possible return on additional investments in transportation that are required to enhance the state’s economic competitiveness.
On April 25, MTF President Michael Widmer presented the MBTA’s financial status at a meeting organized by A Better City. With a growing operating deficit, massive debt, and faltering infrastructure, the T faces major fiscal challenges in the upcoming years.