Editorial – A Smart Way to Help Commuters – NYTimes.com

February 27, 2009 at 11:31 am

(via Editorial – A Smart Way to Help Commuters – NYTimes.com)

It’s been clear for months that only Albany could really rescue New York City commuters from the drastic service cuts and major increases in tolls and fares threatened by the deficit-ridden Metropolitan Transportation Authority.

That seemed a hopeless prospect — until this week, when Assembly Speaker Sheldon Silver, Albany’s most powerful Democrat, announced a compromise plan that could help both the authority and its riders. What is even more encouraging, Mr. Silver is probably the only one in Albany with enough clout to sell such a compromise.

The Silver plan is adapted in part from an excellent proposal outlined last year by Richard Ravitch, the authority’s former chairman. Mr. Ravitch and a commission established to find new ways to finance mass transit proposed two changes: a modest payroll tax for employers in a 12-county area and new tolls on bridges to Manhattan along the Harlem and East Rivers.

Click here to read the entire article.