Share on FacebookTweet about this on TwitterEmail this to someone
Share on FacebookTweet about this on TwitterEmail this to someone

With gas prices continuing their two month climb in New York City — approaching 2012 highs — the average price for a gallon has risen to $4.23, according to AAA’s Fuel Gauge Report. This is eight cents higher than a week ago and 17 cents higher than a month ago.

One alternative to driving? Public transportation.

But it seems that this too will soon leave your wallet a lot thinner.

According to insiders, the Metropolitan Transportation Authority (MTA) is set to eliminate the seven percent MetroCard bonus – and raise fares on subways and buses from $2.25 to $2.50.

That means a monthly MetroCard would jump from $104 to $109.

The reason behind the hike?

The MTA says it needs a whopping $382 million to balance next year’s budget.

We’re all for MTA improvement projects, but this is ridiculous!

How is the average person supposed to balance his or her budget when costs keeps rising?

Pretty soon we may not earn enough to get to work!

At this point, we say it’s time for the government to step in.

Legislators must either allocate more funding or cap increases.

Either way, in the meantime the Average Joe sure is getting fleeced!

 

Comments:

Join The Discussion



Related Stories
Street Talk: With the MTA raising fares, what kind of service improvements would you want the MTA to make?
Street Talk: With the MTA raising fares, what kind of service improvements would you want the MTA to make?
Fare, toll hikes approved by MTA
Fare, toll hikes approved by MTA
Popular Stories
Photo by NYPD and Google Maps
Flushing’s Bowne Playground was the scene of two recent pedophile attacks
Photos by Google Maps and NYPD
Three teenage burglars force their way into a Fresh Meadows apartment at gunpoint
Photo courtesy of the U.S. Attorney's Office of the Southern District of New York
Three men arrested after stealing over $4M during a rooftop bank burglary in Rego Park
Skip to toolbar