With news of another $621 million shortfall beyond an expected $1.2 billion deficit, the MTA is considering ways to deal with its troubled financial situation since the State Legislature (really, the State Senate) has been slow to agree on any sort of rescue plan. There may very well be another fare hike after the doomsday fare hike and service cuts that go into effect on May 31. It's so bad that MTA CEO and Executive Director Elliot Sander said he might even consider shutting down overnight subway service to save money: "I would not take anything off the table. [However] There have been reasons historically why that was not done and it may be that those reasons still exist."


