NY Gov Hochul delays controversial NYC congestion pricing plan ‘indefinitely’ | CNN Business
www.cnn.com
New York Governor Kathy Hochul announced Wednesday she is indefinitely delaying the implementation of congestion pricing in New York City’s borough of Manhattan just weeks before the plan was set to take effect, dealing a major blow to transportation advocates who have spent decades pushing for the deal and a win for several opponents of the plan who say the toll is a regressive tax on commuters.

cross-posted from: https://jorts.horse/users/fathermcgruder/statuses/112567436249982605

NY Gov Hochul delays controversial NYC congestion pricing plan ‘indefinitely’.
https://www.cnn.com/2024/06/05/business/ny-gov-hochul-delays-indefinitely-controversial-nyc-congestion-pricing-plan/index.html

I’m sure lots of revenue will be missed now that NYC congestion tolling has been killed, but was it earmarked for specific mass transit projects or was it just going to be used to hire more cops and whatnot?

#NYC #NewJersey #transit

@usa

  • @Wahots@pawb.social
    2•7 months ago

    15 billion dollars lost, lol. Way to choke at the worst possible time. Good luck making up that shortfall.

    • CrimeDadOPEnglish
      1•7 months ago

      Yes, allegedly $1 billion per year over the next fifteen years plus $500 million for the tolling infrastructure. However, the MTA board could override the governor if they really need the money.