MTA Reveals Fare Hike Plan

Gothamist reports the MTA's proposed fare hikes, which will likely come unless the state grants a huge bailout.

-Single rides would go from $2 to $2.50—a 25% hike
-7-day unlimited cards would be $31 (now $25)—a 24% hike
-14-day unlimited cards would be $59 (now $47)—a 25% hike
-30-day unlimited card would be $103 (now $81)—a 27% hike

A $22 hike in the monthly card. Yikes. Some have lobbied for smaller fare hikes, with the reduced revenues to be offset by imposing tolls on the East River bridges. Several million Brooklyn and Queens residents didn't care for that idea.