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NYC, state reach deal on mass transit capital funding

NEW YORK (AP) โ€” A deal has finally been struck to fund the New York City region's mass transit capital spending program, ensuring that vitally needed infrastructure upgrades โ€” including repairs to damage wrought by Superstorm Sandy โ€” will be underwritten for the next five years. The $26.1 billion agreement to fund the Metropolitan Transportation Authority was jointly announced Saturday by Gov. ...


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