Paterson: Save the MTA This Week

Governor Paterson says this is the week to save the MTA. He says the state legislature has to agree on a plan to impose a new payroll tax, and East River bridge tolls, before negotiations can begin on the state's $13 billion budget deficit.

PATERSON: We can avoid having the MTA become a further obstacle in the budget process because pretty much by next week we are 24-7 trying to pass the budget.

While the state Assembly leader, Sheldon Silver, is on board with $2 dollar over the East River, Senate Majority Leader Malcolm Smith wants more time. A spokesman for Smith says no rescue package would be ready until next week.