Cost of goods in New York City metropolitan area rose by 56% over the past decade, which is frightening when you think about it. Transportation affordability. I propose a 100% subsidy for low income New Yorkers on both buses and subways. Okay? Low income defined as 150% of FPL federal poverty level. Many more people use subways than buses. In New York, it's about 3.4 million riders on subways, about 1.3 million riders on buses. And this would be a 100% subsidy period. (02:59–03:07)
CLAIM
Defines low income as 150% of the federal poverty level for subsidy eligibility.
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