The officials warned that 31 of the nation's largest transit systems could face at least $2 billion in payments in the coming months if hundreds of the deals go bad. The fallout could cripple rail and bus systems at a time when ridership is soaring. "Time is not our friend," said Beverly Scott, general...
When it comes to paying for healthcare reform, Americans see only one way to go: Tax the rich.
That finding from a new Associated Press poll will be welcome news for House Democrats, who proposed doing just that in their extensive overhaul of the US healthcare system, which passed earlier this month and would expand coverage to millions of ...
Metro officials joined a group of 30 other transit agencies nationwide Tuesday on Capitol Hill to ask the federal government to take over as insurers of lease-back agreements that were backed by financially strapped insurance giant American Insurance...
They warned that 31 of the country's largest transit systems, through no fault of their own, could face $2 billion in immediate payments in the coming weeks as hundreds of long-term financing deals with banks and other private investors collapse. The...
The Metropolitan Transit Authority joined 10 other transit agencies across the nation on Tuesday as they urged Congress for help with financing deals imperiled by the credit crisis. The move is the latest attempt by Metro and the other agencies to...
News Source: International Business Times
| about 1 year ago
The officials warned that 31 of the nation's largest transit systems could face at least $2 billion in payments in the coming months if hundreds of the deals go bad. The fallout could cripple rail and bus systems at a time when ridership is soaring. "...
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