Along with millions of New Yorkers, State Comptroller Alan Hevesi thinks the MTA shouldn't have to raise subway and bus fares next year. What Comptroller Hevesi doesn't realize is that the MTA just does whatever it wants, but he released a statement saying that the MTA made bank on real estate taxes and the agency has a good short-term outlook. Hevesi also goes on to say that the long-term outlook of the MTA is terrible, which seems to support the MTA's position that fare hikes are needed, but Mr. Comptroller thinks the fare hike can wait till 2008. He does blame the MTA's "reliance on debt to fund its capital program" as a big problem - maybe the problem is also that the governor does little to help the agency - and the fact that the MTA hasn't update its financial outlooks: "The MTA’s financial plan is clearly out of date. The MTA has not revised its tax forecast for 2006 since July 2005, while New York City has increased its own forecast of these collections three times since then." Oh, snap.

The Straphangers suggest that discussions over a fare hike happen when there's a new governor. And the fare hike is supposed to be 5% in 2007, which sounds like a $2.10 fare (a $79.80 monthly unlimited Metrocard?).