We get to enjoy the $2 fare for subways and buses for another eight months as the MTA's board decided to delay fare increases until September 2007 (it was originally planned for January 2007 - happy holidays!) . The NY Times reports, "The agency said it was able to put off the increase because one of its main sources of income, tax proceeds related to real estate transfers, has remained stronger than anticipated this year." Yes, $211 million can help.

The MTA will decide how much the fare hike will be next year, but in 2004, there was talk of the fare going up 25-50 cents. And keep in mind, the MTA's long-term fiscal outlook is awful.