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MTA to Cut $17 Billion from Capital Plan by September 2024?
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New York•Metropolitan Transportation Authority•MTA•Manhattan•Kathy Hochul•Thomas DiNapoli•Second Avenue Subway
Resolution / Starting Odds
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Story
NY Judge Upholds MTA Congestion Pricing Plan Amid Governor's $36 Toll Pause, $17 Billion Cut
Jun 26, 2024, 11:10 AM
A federal judge in New York has rejected arguments challenging the Metropolitan Transportation Authority's (MTA) congestion pricing plan, which would charge truck drivers up to $36 for driving into Manhattan. However, New York Governor Kathy Hochul has paused the implementation of the plan, which was supposed to go into effect on June 30, leading to significant controversy. Comptroller Thomas DiNapoli warned that the MTA will need to cut $17 billion from its capital plan if the congestion pricing revenue is not replaced, potentially affecting over $21 billion in projects, including the Second Avenue Subway extension. The pause has also raised concerns about job losses, with estimates suggesting that 100,000 jobs could be at risk. Critics argue that the decision undermines efforts to reduce traffic and pollution, and jeopardizes necessary infrastructure upgrades and climate sustainability goals. The MTA board is set to meet to address the situation.
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