logo Standing Up To Powerful Interests

Keep the T on Track

 

What's New

The Massachusetts Bay Transportation Authority (MBTA) faces a number of “unhealthy choices” to close an estimated five year budget deficit of between $357 million and $438 million, according to research released in October by MASSPIRG.

Largely caused by an $8.1 billion debt with interest, the MBTA will be forced to dramatically increase fares, cut service, or borrow more money to close annual budget gaps if state lawmakers do not address the MBTA’s massive debt burden.
Read the report.

Overview

The MBTA has undergone major changes in the past several years. Unfortunately the authority falls dramatically short of what it needs to be, and is facing major financial problems as it moves forward.

At the heart of the problem is that the T spends more than a quarter of their annual budget paying off $8 billion of debt (with interest). Over the years state and federal transportation money should have helped the T, but as Big Dig construction went billions over budget, it swallowed up funds that could have addressed these problems.

Now the T is facing a downward spiral
in which the authority cannot generate the revenue necessary to achieve a state of good repair, meaning that the MBTA cannot improve service quality, retain and attract riders, and increase revenue over time.

Until this debt burden is solved, the MBTA will continue to request rate hikes to bridge its operating deficits, and will do nothing to address the backlog of needed service improvements.

MASSPIRG supports legislation filed by Representatives Carl Sciortino, Alice Wolf and Senator Jarrett Barrios to have the Commonwealth assume a portion of the T's debt. Only then can the nation's oldest public transit system live up to its potential by fixing the backlog of maintenance needs, improving service, minimizing fares, and increasing ridership.



 

SEARCH THIS SITE