Saying they are drowning in debt, the Yellow Cab drivers of New York have taken to the streets outside City Hall to protest against what they see as insufficient help from the government. New York City has a $65 million Medallion Relief Plan (MRP) that provides a $20,000 down payment to help restructure taxi-medallion-related loans on top of $9,000 in monthly debt-payment assistance. But, according to taxi drivers, it is not enough to help them deal with the perfect storm of events that led to a crash in the value of their official medallions with the emergence of rival services Uber and Lyft. In 2011 the cost to buy one of the medallions, a transferable permit allowing a taxi driver to operate, reached $1 million. Between 2014 and 2015 that value had plummeted to about $650,000, leaving many drivers paying off their medallions deep in debt. Today those medallions are valued at …