Displaying 21–28 of 28
Sep 30, 2021
TRANSPORTATION
The Massachusetts Taxpayers Foundation recently released a report that found the T would need $1.25 billion in new annual revenue to meet its capital and operating needs in the coming years. ...
TRANSPORTATION
Sep 30, 2021
TRANSPORTATION
Tuesday's derailment is the latest in a series of problems on the T, from an escalator malfunction this weekend to a collision in July to another derailment in March that caused all new Orange and Red line train cars to be pulled from service....
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Sep 27, 2021
TRANSPORTATION
The Massachusetts Taxpayers Foundation warned earlier this month the T could be facing a “fiscal calamity” that would require $1.25 billion in new annual revenue just to meet operating and capital needs. That does not include $2 billion in...
TRANSPORTATION
Sep 17, 2021
TRANSPORTATION
A report from the business-backed Massachusetts Taxpayers Foundation found that the MBTA will be as much as $400 million short on its operating budget by mid-2023 and $13 billion short on its plans for maintenance and modernization over the next...
TRANSPORTATION
Sep 17, 2021
TRANSPORTATION
The MBTA is sliding deeper into a fiscal hole, according to new watchdog report, which calls on lawmakers to bail out the troubled transit agency. The report by the Massachusetts Taxpayers Foundation says the T faces an “imminent fiscal cliff” and...
TRANSPORTATION
Sep 17, 2021
TRANSPORTATION
A Boston-based think-tank says the MBTA is in dire straits. “The MBTA’s finances are kind of in a calamitous state right now,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, which just came out with a report on the...
TRANSPORTATION
Sep 16, 2021
TRANSPORTATION
With ridership still far below pre-pandemic levels, the Massachusetts Bay Transportation Authority faces a calamitous revenue shortfall in years to come that would force fare hikes or service cuts and would make it impossible for the agency to enact...
TRANSPORTATION
Sep 16, 2021
TRANSPORTATION
The Massachusetts Taxpayers Foundation published a new report on Thursday describing the financial future of the state’s largest public transit agency as “unequivocal and unsettling.” Despite the infusion of $2 billion in federal stimulus funds...
TRANSPORTATION