The MTA said it will increase fares in 2015 and 2017 by 4 percent, not the projected 7 percent.
The latest round of fare and toll hikes kicked in Sunday.
Single rides will cost straphangers $2.50 and weekly MetroCards will cost $112 come March.
MTA Chair Joe Lhota wants to see the base fare for subways and buses go up.
The MTA unveiled its options for March fare hikes Monday.
The Taxi & Limousine Commission voted today to approve city-wide hikes in cab fares.
The Port Authority Board voted to approve toll and fare hikes for its Hudson River Crossings after striking a deal with Governors Andrew Cuomo and Chris Christie.
As the agency proposes huge toll and fare hikes, it lets "overtime flow like water."
The Port Authority plans to raise tolls by $4 next month and then by another $2 in 2014, according to published reports.
A 30-day unlimited MetroCard will now cost $104, while single ride cards have jumped from $2.25 to $2.50.
Drivers of yellow taxis have submitted a proposal to increase cab fares nearly 20 percent, according to a published report.
Drivers as well as bus and subway riders will all be paying more for their commutes beginning on Dec. 30.
Riders won't be able to activate old MetroCards.
The MTA Board meets Thursday to vote on a series of fare hikes, which could bring the cost of a subway ride to $2.50.
The "C" train was named the city's worst subway line for the second straight year by the Straphangers Campaign.
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