Hochul Halts Congestion Pricing in a Stunning 11th-Hour Shift

Governor Kathy Hochul has unexpectedly paused New York’s congestion pricing plan, set to start June 30, citing economic concerns. The plan would have charged motorists up to $15 to enter Manhattan’s business district, aiming to reduce traffic and generate revenue for the Metropolitan Transportation Authority (MTA). Hochul expressed concerns about the financial impact on working families still recovering from the pandemic. The decision has sparked backlash from environmentalists and transit advocates, who view it as a political move in an election year. Critics argue that halting the plan undermines long-term efforts to address traffic congestion and environmental issues. The MTA now faces financial uncertainty without the projected $1 billion annual revenue. While some lawmakers support the pause, others fear it jeopardizes critical infrastructure improvements.

Source: NYTimes