NYC’s MTA is poised to get $4B in relief, but officials aren’t breathing a sigh of relief

The nation’s largest mass transit system sought $4 billion in relief to weather the coronavirus storm, and by and large, it appears to be getting what it asked for.

But recognizing the outsize challenges now facing New York’s Metropolitan Transportation Authority, officials on Wednesday were muted in their declarations of victory.

“We need $4 billion, but we’re only at the starting point of this crisis,” said MTA Chairman and CEO Pat Foye during the authority’s monthly board meeting. “We will need substantially more than that to survive.”

On Wednesday, Sen. Chuck Schumer announced a nearly $2 trillion emergency relief package that includes $3.8 billion for the MTA. The Senate is expected to vote Wednesday afternoon on the legislation. The House plans to pass the bill Thursday, and the president is expected to sign it this week.