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left-of-center2012

(34,195 posts)
Fri Jan 18, 2019, 07:19 PM Jan 2019

Government shutdown pushing D.C. Metro off the rails to the tune of $400K every weekday

Metro, which operates trains buses and parking garages in and around Washington, D.C., is losing roughly $400,000 from its receipts for every business day that the partial government shutdown persists.

That revelation from WMATA General Manager and CEO Paul Wiedefeld came in a letter to the Democratic senators from Maryland and Virginia who represent many users of the Metro system, including federal employees.
“Our preliminary analysis estimates that for an average weekday when the government is closed, Metro is losing approximately $400,000 in fare and revenue,” Wiedefeld wrote.

Wiedefld also pointed to another problem: an expectation that expected federal reimbursements will not be paid out on time. Metro expects to have roughly $50 million in federal reimbursements not paid to the agency by the end of the month of January.

The four senators on the receiving end of the letter from Metro, Virginia Sens. Tim Kaine and Mark Warner, along with Maryland Sens. Benjamin L. Cardin and Chris Van Hollen, said in response that, “At a time when Metro already is undertaking substantial, disruptive projects to improve safety and reliability, President Trump’s shutdown is jeopardizing the health and stability of the entire Metro system. This wasteful, destructive shutdown must come to an end.”

https://www.rollcall.com/news/congress/metro-losing-400000-every-weekday-government-shutdown

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