The MTA isn't the only transit agency pondering fare hikes. According to WCBS, NJ Transit officials claim they might need to increase fares if Gov. Chris Christie moves forward with his plan to cut $32 million in funding. Facing a $2.2 billion budget deficit, Christie says he has to reduce funding and suggested NJ Transit negotiate with unions before upping fares. NJ Transit executive director James Weinstein told ABC: "I pledge to our fareholders that we will look at everything possible on the cost side of the equation before we talk about imposing burdens on the riders of our system." The fare hike would be agency's the second in three years.