"Our partners should do the same. There is no time for delay and no tolerance for a lack of commitment on this issue."
A rush transcript is available below:
New York State commits itself to fund 50 percent of the plan. Why? Because it's smart. Mass-transit is the city's circulatory system. You slow down the subway system, you slow down the blood flow in this city. That's why it's smart. Its fair, it's right, and at the same time we are not going to wait for additional promises. I want Mr. Lhota and Mr. Samuelsen to know, today I am making the state's funds available to begin the transformation of the MTA. Our partners should do the same. There is no time for delay and there is no tolerance for a lack of commitment on this issue. To me, this is black and white, New Yorkers need help and they need it now. The fundamental responsibility of government is to respond in a timely and effective when people need help. And the current MTA situation is a crisis. And that's why we're going to get to work today because subway riders are suffering and subway riders are the hardworking men and women, who are the back bone of this city.