Newsday has a good article looking at the transportation issues the next governor will deal with - the biggest being the MTA. The MTA, which already announced fare hikes for next year, faces insane budget deficits in the coming years: $905 million in 2008, $1.13 billion in 2009, $1.48 billion in 2010. The Straphangers' Campaign's Gene Russianoff says of the MTA, "They borrowed a ton of money to fix a system, and now the bill is coming due."

Here's Newsday's summary of the the two candidates' stances:

SPITZER:
- Give priority to projects such as Second Avenue subway and LIRR link to Grand Central Terminal, which he calls essential to providing transit capacity to handle job growth in Manhattan and commuting growth from Long Island.
- Reform transportation agencies.
- Complete major regional projects around the state, including construction of Interstate 86, aimed at expanding economic activity from the Pennsylvania border to the New York State Thruway in Orange County.

FASO:
- Would use revenue from state sales tax on gasoline and diesel for "pay as you go" financing for roads, bridges and transit plans statewide.
- Complete Second Avenue subway project, LIRR-Grand Central link.
- Has called for negotiations with MTA's unions to focus in part on better productivity.

Notice there's nothing about the Moynihan Station project. Gotham Gazette had an excellent look at Spitzer's stances on various transportation projects back in August. Bruce Schaller wrote: "If Spitzer can follow through as governor on truly setting priorities for getting [the Second Avenue Subway, the LIRR link to Grand Central, and replacement of the Tappan Zee Bridge] in the ground, he will leave a legacy." Now, we just want to know how Spitzer plans to deal with the MTA's deficits.

At any rate, it's been said the MTA can wait for a fare hike until 2008 - should be interesting to see what happened when Spitzer and MTA Chairman Kalikow clash.