Today’s fare hike vote by the Fiscal and Management Control Board (FMCB) illustrates why creation of the Board was so critical to the T’s turnaround and why the Massachusetts Taxpayers Foundation supports the steps the FMCB has taken to date. Bold action is necessary to fix the T. This temporary SWAT team is essential for the T to make the difficult choices needed to control its operating budget and direct these savings to capital investments.
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