The MTA board voted unanimously to approve a $68 billion capital improvement plan.
The proposal looks to upgrade the aging transit system over the next five years and includes modernizing signals on tracks, purchasing new subway cars and installing new fare gates.
The only problem is that $33 billion of the plan has yet to be accounted for.
Leaders of the board say the state will have to put up the funding in order to preserve the transit system for the future.
Congestion pricing was going to help with a portion of that gap, but its future is now uncertain.
The plan now heads to Albany for final approval.
MTA Chair and CEO Janno Lieber joined NY1 political reporter Bobby Cuza on “Inside City Hall” Wednesday to discuss more.