A fare deal - SOURCE LANGUAGE May 7th 2009 | NEW YORK From...

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SOURCE LANGUAGE IMPORTANT EXPRESSIONS TARGET LANGUAGE May 7th 2009 | NEW YORK From The Economist print edition A state bail-out is the only way to keep the trains on the tracks AMERICA’S fifth-biggest debtor, behind California, New York state and city, and Massachusetts, is a transport system: the Metropolitan Transportation Authority (MTA), which runs New York’s subway, commuter trains and bus routes. And it is in terrible trouble. Passenger numbers are sliding, by 3.3% this February over last. Revenue from property taxes has been falling. The MTA now faces a deficit of $2 billion, and some 20% of its operating budget is now dedicated to repaying its debt. A “Doomsday” budget, unveiled in November, envisaged cutting services and staff as well as increasing fares by up to 30%, by June 2009, to close the deficit gap. Two subway lines and dozens of bus routes were to be eliminated. The MTA called on the governor and Albany to produce a bail-out plan to 1. keep the trains on the tracks 2. in terrible trouble 3. A “Doomsday” budget 4. guided the MTA out of a crisis 5. on the verge of 6. issuing pink slips to its employees 7. held a rally 8. “three men in a room” "C u tr nhà n c ướ là gi i pháp duy nh t gi
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This note was uploaded on 08/22/2011 for the course LANG 405 taught by Professor Johnson during the Spring '11 term at RMIT Vietnam.

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A fare deal - SOURCE LANGUAGE May 7th 2009 | NEW YORK From...

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