Statement from Senator Michael Gianaris on New York City Transit Corporate Plan

NEW YORK, N.Y. – Senator Michael Gianaris issued the following statement in response to New York City Transit President Andy Byford releasing his Corporate Plan to turnaround the crumbling subway system.

“This plan properly identifies and offers substantive solutions for the significant infrastructure problems facing the subway system. The plan does not, however, answer the question of where the money to finance this ambitious proposal will be found. I have proposed a surcharge on New York City millionaires to help fund necessary subway improvements. Other viable solutions have also been proposed. Above all else, we must do something and quickly enact one of these ideas to establish a dedicated revenue stream to save our mass transit system from further calamity.”