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Jasper: OK. The Port Authority is not that. The Port Authority just runs the bridges and tunnels over the Hudson, the airports, and one subway line (PATH). They don't run the subways and commuter trains; that's MTA, which is also a nearly bankrupt authority with limited authority. In fact, all regional transportation authorities generally go around being nearly bankrupt since local governments underfund transit.

The authorities that control airports do better, since they can charge a lot to airlines and don't have to pay for air traffic control services.

by David Alpert on Mar 25, 2010 1:48 pm • linkreport

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