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US Metro to draw on capital funds to offset operating expenses

Former Metro officials, who embraced the budget move during their terms, now warn against it - saying that years of deferring the system's long-term needs to balance the budget contributed to the system's deterioration.

New York

AS Metro stares down a US$290 million budget shortfall for the coming fiscal year, it is all but certain the agency will dip into a pool of federal grant money to offset some of the costs.

The question is how much of the annual formula-based allotment, intended for long-...

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