New York Public Transit budget bust bared

The New York Post reports:

More than half of the MTA's most expensive or ongoing capital projects are over budget, according to agency records.

Of the 146 projects that use federal stimulus dollars or cost more than $20 million in the 2005-to-2009 capital budget, a staggering 79 will end up costing more than budgeted.

Socialist transportation sure is inefficient and corrupt.