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The head of New Yorks

Metropolitan Transportation Authority said progress on a plan to address the agencys financial woes must be made by next year.  

Janno Lieber, the chief executive officer of the MTA, says the agency that runs New York Citys subways, buses and commuter-rail lines needs a new financial plan in the face of lower ridership. He said that MTA can reduce its structural deficit if the legislature takes action in 2023.

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