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Effective URL: https://nypost.com/2015/05/10/how-bill-de-blasios-guaranteeing-future-subway-delays/
Submission: On December 23 via api from AU — Scanned from AU
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Primary Menu Sections Search Search Skip to search results * News * Metro * Page Six * Sports Open sub menu * NFL * MLB * NBA * NHL * College Football * College Basketball * Post Sports+ * Sports Betting * Business Open sub menu * Personal Finance * Opinion * Entertainment Open sub menu * TV * Movies * Music * Celebrities * Awards * Theater * Shopping * Lifestyle Open sub menu * Weird But True * Health * Sex & Relationships * Viral Trends * Human Interest * Parenting * Fashion & Beauty * Food & Drink * Travel * Real Estate * Media * Tech * Astrology * Video * Photos * Visual Stories * Sub Menu 1 * Today’s Paper * Covers * Columnists * Horoscopes * Crosswords & Games * Sports Odds * Podcasts * Careers * Sub menu 2 * Email Newsletters * Official Store * Home Delivery * Tips Log In Search Email New York Post Log In December 23, 2023 Search Search RECOMMENDED Skip to main content HOSTAGE GADI HAGGAI’S GRUESOME DEATH SHOWS HORROR WON’T STOP UNTIL HAMAS IS DESTROYED KAMALA HARRIS’ WORD SALAD IS ONE MORE REASON TO WORRY ABOUT PRESIDENT BIDEN’S AGE TIME FOR COLLEGES TO PAY, DEM ‘SWELLS’ ‘BLINDED BY PRIVILEGE’ AND OTHER COMMENTARY GEN Z’S VIEWS ON ISRAEL AND JEWS ARE A DISTURBING BETRAYAL OF THEIR OWN VALUES ARMS-BUILD-UP ‘GHOSTS’ THAT WILL HAUNT JOE BIDEN THIS HOLIDAY SEASON FUNDERS BEWARE! PRO-HAMAS LEGAL AID UNION SPEWS ANTISEMITISM LOUD AND PROUD ANDREW CUOMO FOR NYC MAYOR? SAY IT AIN’T SO, NEW YORK! THE HARVARD CRIMSON REFUSES TO PUBLISH MY LETTER CRITICAL OF PRESIDENT CLAUDINE GAY NICOLE GELINAS Opinion * Facebook * Twitter * Flipboard * WhatsApp * Email * Copy * HOW DE BLASIO IS GUARANTEEING FUTURE SUBWAY DELAYS By Social Links for Nicole Gelinas * View Author Archive * Get author RSS feed Thanks for contacting us. We've received your submission. Back to Reading Published May 10, 2015, 9:55 p.m. ET Handout MORE FROM: NICOLE GELINAS * SOME HOLIDAY CHEER FROM — AND FOR — MAYOR ADAMS, THANKS TO FIFTH AVENUE * CRAZY CHIPOTLE SENTENCING SHOWS DEMOCRATS THINK THERE'S NO DIFFERENCE BETWEEN JAIL AND WORK * MAYOR ADAMS' HOTEL-FOR-MIGRANTS MONEY PIT * RAUCOUS 'PRO-PALESTINE' PROTESTS ARE KILLING NYC'S RECOVERY * HERE'S HOW YOU CAN SAVE MONEY WITHOUT CUTTING COPS, MAYOR ADAMS Mayor de Blasio had a shocking experience on a downtown subway platform last week. His train never arrived. This, as New Yorkers will tell you, happens. But the decisions the mayor is making with the taxpayers’ money mean that future New Yorkers will confront this type of crisis far more frequently — and with no police detail to bail them out. The mayor unveiled his budget last week — and on the surface, it’s mostly good news. Yes, New York will spend $79.9 billion during the fiscal year that starts July 1, including $59 billion in city taxpayer funds (the rest comes mostly from the feds and Albany). That’s a 6.6 percent increase in taxpayer spending from the final Bloomberg budget — even though inflation’s only run less than 1 percent since then. But we can afford it: The city’s economy is doing great. Over the past decade, more people have moved to New York than have moved to Boston, San Francisco, Seattle and Washington, DC, combined. And New York has a record number of private jobs — surpassing our ’60s heyday, before the ’70s crisis hit. And since Wall Street keeps doing so well, minting nice profits for the 1 percent, tax revenues are up, too — $843 million higher than the mayor expected three months ago. So we have a tidy surplus — about $3 billion. And give the mayor some credit: He’s not blowing it all. De Blasio will sock away $1.8 billion in reserves for a future downturn. City agencies are doing a few small things to be more efficient. The medical examiner plans to save a few hundred thousand dollars by cutting overtime — and hopefully, the customers won’t complain. The mayor says he’s being so prudent for a good reason: He wants to make “targeted investments” in growth, including investing in the subways. As de Blasio said, London is in the middle of building a $23 billion rail line that will increase capacity by 10 percent — and we should be doing more stuff like that (if we don’t, there’s no way we can keep adding people and tax dollars). The mayor’s similar — if more modest — idea is a Utica Avenue subway in Brooklyn. The problem is, though, that de Blasio’s actions are nowhere near enough to get anything built. Consider: In his budget, the mayor made a big deal about increasing the city’s annual contribution to the state-run MTA to $629 million over the next five years, from a planned $500 million. This money will pay for new subway cars and buses as well as some track work. But it won’t even pay for most of that work — which will cost $4.2 billion. It sure won’t help the MTA build something new, London-style. The MTA does want to start work on the next few stations of the Second Avenue Subway — but it doesn’t have a dime for the $1.5 billion it will cost over the next five years. The mayor’s new contribution doesn’t help here, since the MTA was already expecting it. Oh, and the only way de Blasio can make the extra cash work in his 10-year, $83.8 billion budget for investing in things like trains, school buildings and water treatment is to slash the MTA’s take starting in 2021 — to $40 million. This budget gimmick is common practice — but so is ignoring our critical physical assets like subways. But it’s not like the subways will have built themselves by then. Worse: Because of bad state politics, much of the MTA’s investments are going outside of New York City. Thanks to Gov. Cuomo and past governors, 72 percent of the MTA’s hoped-for $5.5 billion in new transit projects over the next five years will go to projects that serve mostly suburbanites: bringing the Long Island Rail Road to Grand Central, and bringing Metro-North to Penn Station. What’s de Blasio’s solution? Get more federal funding. He said that London is only building Crossrail because it has a “national government that [is] truly [a] partner.” But — fair or not — Washington is just not going to give the richest city in the country more billions for transit. So if de Blasio does want to make a lasting investment in the city, he’s going to have to do it himself. Which means being honest about the fact that we just can’t afford to spend $18 billion every single year — the cost of two new subways! — on pensions and health care for city workers. Until then, he’d better keep his police detail waiting. SHARE THIS ARTICLE: * Facebook * Twitter * Flipboard * WhatsApp * Email * Copy * Filed under * bill de blasio * mta * port authority * transit * 5/10/15 Read Next New York's most dangerous hospitals Sponsored Continue watching Food Swaps to Help You Follow a Mediterranean-Based Diet SPONSORED STORIES Skip Ads by Around The Web Ivanka Trump Turns Heads In 42nd Birthday Mini DressPageSix.com Gisele's Massive Reaction To Tom Brady's New Romance Turns HeadsPageSix.com Greta Thunberg Under Major Fire After Posting Antisemitic ImageNYPost.com Jill Biden's Ex-Husband Makes A Stunning Claim About The BidensNYPost.com Jodi Arias' Brutal Life Behind Bars Is No JokeGrunge.com Barron Trump's Staggering Height Transformation Is A Must-SeeNickiSwift.com The Tragic Death Of Fox News Anchor Uma PemmarajuNickiSwift.com Close Relative Believes Glen Rogers Killed Nicole Brown SimpsonGrunge.com Willis' Wife Reveals Heartbreaking Details On His Health BattleKatiecouric.com Powered by ZergNet COLUMNISTS * DOUGLAS MURRAY HAMAS TERROR TUNNELS WERE BUILT WITH YOUR MONEY * KIRSTEN FLEMING STREET BAZAARS, RATS, HANDCUFFED COPS: OUR POLITICIANS ARE TURNING NEW YORK INTO THE BIG CRAPPLE * CINDY ADAMS NEW YORK CITY IS STILL THE BEST — EXCEPT WHEN IT ISN'T SEE ALL COLUMNISTS COVERS TODAY'S COVER FRONT COVER BACK COVER FLIP FOR BACK COVER BROWSE COVERS TRENDING NOW ON NYPOST.COM * This story has been shared 25,909 times. 25,909 FLORIDA MOM, 18, DIDN'T HAVE STD SHE WAS SHOT TO DEATH OVER BY HER DAUGHTER'S FATHER AT HOME DEPOT * This story has been shared 23,199 times. 23,199 MIGRANTS AT NYC'S FLOYD BENNETT FIELD ARE BEGGING FOR MONEY, FOOD AT FURIOUS LOCALS' DOORSTEPS: 'INVASION' * This story has been shared 22,034 times. 22,034 'LOVE STORY' ACTOR RYAN O'NEAL'S OFFICIAL CAUSE OF DEATH REVEALED MORE STORIES PAGE SIX RYAN O'NEAL'S OFFICIAL CAUSE OF DEATH REVEALED DECIDER * Mayim Bialik Fired From ‘Jeopardy,’ Fans Rejoice: “I Can Finally Enjoy The Show Again” NYPOST MIGRANTS AT NYC'S FLOYD BENNETT FIELD ARE BEGGING FOR MONEY, FOOD AT FURIOUS LOCALS' DOORSTEPS: 'INVASION' * Facebook * Twitter * Instagram * LinkedIn * Email * YouTube * Sections & Features * News * Metro * Sports * Sports Betting * Business * Opinion * Entertainment * Fashion & Beauty * Shopping * Lifestyle * Real Estate * Media * Tech * Health * Travel * Astrology * Video * Photos * Visual Stories * Alexa * Covers * Horoscopes * Sports Odds * Podcasts * Crosswords & Games * Columnists * Classifieds * Post Sports+ * Subscribe * Articles * Manage * Newsletters & Feeds * Email Newsletters * RSS Feeds * NY Post Official Store * Home Delivery * Subscribe * Manage Subscription * Delivery Help * Help/Support * About New York Post * Customer Service * Apps Help * Community Guidelines * Contact Us * Tips * Newsroom * Letters to the Editor * Licensing & Reprints * Careers * Vulnerability Disclosure Program * Apps * iPhone App * iPad App * Android Phone * Android Tablet * Advertise * Self Service * Media Kit * Contact © 2023 NYP Holdings, Inc. 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