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NYC Congestion Pricing Plan Shelved Indefinitely, M.T.A. Budget Uncertain

The suspension of a congestion pricing toll plan by Governor Kathy Hochul has left the Metropolitan Transportation Authority (M.T.A.) facing a $15 billion gap in its budget, jeopardizing crucial upgrades and repairs to New York City's transit system. The governor may temporarily use state reserves or propose a tax on NYC businesses to fill the gap, but legislative approval is uncertain.

1 year ago•Source: The New York Times

NY Gov Hochul Faces Backlash for Indefinite Delay of NYC Congestion Pricing

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1.705 min•1 year ago

NY Gov Hochul Faces Backlash for Indefinite Delay of NYC Congestion Pricing

Advocates for congestion pricing in New York City are outraged after Governor Kathy Hochul indefinitely suspended the plan, citing concerns about its impact on Manhattan's economic recovery. The decision, which came just weeks before the program's launch, has been described as a betrayal by supporters who have long fought for the initiative aimed at reducing traffic and funding subway improvements.

via The New York Times