The Associated Press is reporting the Metropolitan Transportation Authority wants to increase fares and tolls by approximately 4 percent over the next two years. The increases, to take effect next March, would affect riders of Metro-North commuter trains, the Long Island Rail Road and New York City subways and buses. Public hearings are planned for December. The MTA says its board may modify the proposals before voting on them in January. The MTA says it has cut more than $1 billion from its annual spending and plans to do more.