Hochul Delays NYC Congestion Pricing Amid Backlash

New York business leaders are outraged by Governor Kathy Hochul's decision to delay the implementation of Manhattan's congestion pricing, a plan intended to fund the MTA and reduce traffic. They are also preparing to oppose potential higher business taxes proposed to offset the lost revenue. Prominent organizations and executives criticize the governor's move, emphasizing the importance of congestion pricing for funding transit improvements and reducing emissions. The governor's office is considering alternative revenue sources, including increased payroll taxes and expedited casino licenses.