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MTA cuts ‘highly likely’ even with expected federal aid: Moody’s

The MTA is “highly likely” to cut service and take on more debt to close its COVID-19 budget hole — even if it receives $4 billion from the latest pandemic relief bill, according to Moody’s credit agency. Moody’s analysts warned Wednesday that while the money in the relief bill awaiting President Trump’s signature would make…
Source: NY Post click here for more…

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