On February 2, 2025, public transit advocates rallied near Grand Central Terminal, urging New York's Governor Kathy Hochul to secure full funding for the MTA's $68 billion capital upgrades. Despite unveiling a historic $252 billion budget, Hochul has yet to allocate the necessary $33 billion for the MTA's 2025-2029 capital plan. The MTA, servicing over six million riders daily and managing extensive infrastructure, faces severe financial struggles due to long-standing disinvestment. Upgrades needed include modernizing aging systems, accessibility improvements, and replacing outdated train cars, all essential for maintaining one of the busiest transit systems globally.
The MTA faces major financial challenges in keeping one of the world's oldest and busiest public transit systems and needs $33 billion to secure its capital plan.
Govenor Kathy Hochul has unveiled the largest state budget in history, yet it still lacks crucial funding for the MTA's essential capital upgrades.
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