NEW YORK, Oct. 28 (Xinhua) -- The Metropolitan Transportation Authority (MTA), a public benefit corporation responsible for public transportation in the U.S. state of New York, is in need of a bailout of 12 billion U.S. dollars from the federal government due to decreased ridership during the eight-month-long coronavirus pandemic, said the latest report issued by The Riders Alliance, a grassroots movement for public transit.
The report quoted New York State Comptroller Thomas DiNapoli as saying that the MTA is facing its biggest budget crisis in history and is in desperate need of federal funding.