ALBANY—Speaking about his compromise M.T.A. bailout plan, David Paterson said, “Right now I’m interested in anything that will clear up the immediate problem–the one that will come at the end of the month. The capital plan is not the real issue right now.”
The plan would avert the worst of the immediate fare hikes and service cuts but would leave no money for the agency’s five-year capital plan.
He continued: “I don’t think that we can take the capital plan, the road and bridge plan, the added deficit, and resolve all those issues in time to avert a very severe fare hike and service cuts to all the people who use transit in the M.