The New York Times presents three viewpoints on the deep-seeded financial problems that have surrounded the MTA for many years. As stated in today’s opinion section -”The current financial crisis came up quickly as expected revenues plummeted. For riders, the M.T.A. seems to be in perpetual trouble, with threats of fare increases and service cuts even in good times. A 7.5 percent fare increase is already scheduled for 2011. Strong union contracts and an aging infrastructure make cost control challenging. What savings and efficiencies might be achieved immediately, and what cuts need to be done in the out years?

The three presentors are:

To read what they have to say about the current crisis and how it may have come about click here.