MTA considers hiking fares for buses, trains
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Bus and commuter train fares would go up significantly under hikes proposed Thursday by the Metropolitan Transportation Authority.
To deal with a projected $1-billion budget deficit, transit officials are proposing a fare increase effective July 1, and a second increase Jan. 1, 2009.
The regular cash fare for bus and rail lines would remain $1.25 until 2009, when it would increase to $2. Day passes would increase from $3 to $5 in July, and to $8 by 2009. The semi-monthly pass would be eliminated, and monthly passes, currently $52, would increase to $75 in July and $120 by January 2009.
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