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VisitWhat will be the next primary funding source for MTA by end of 2024?
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Official announcements from the New York State government or MTA
NY Governor Hochul Faces Backlash Over $15 Congestion Pricing Halt, MTA Funding Gap
Jun 9, 2024, 06:10 PM
New York Governor Kathy Hochul's decision to halt the congestion pricing plan has sparked widespread controversy and backlash. The plan, which aimed to charge a $15 fee for daytime automobile commuters entering Manhattan below 60th Street, was intended to fund much-needed improvements to the city's subway system. Critics argue that the cancellation leaves a significant financial gap for the Metropolitan Transportation Authority (MTA), potentially leading to older, less reliable transit infrastructure. Public opinion on congestion pricing was expected to improve quickly if implemented by June 30. Hochul's move has been criticized as a betrayal by various stakeholders, including Democratic supporters who feel that the decision undermines efforts to combat climate change and improve public transportation. A rally in Times Square and a march to Union Square have been organized to protest the decision, and some lawmakers are considering raising taxes on New York City businesses to address the $1 billion-a-year shortfall created by the halt. The controversy has also raised questions about the governor's leadership and commitment to progressive policies. Additionally, the Biden Administration's Value Pricing Pilot Program is now a crucial factor in the ongoing debate.
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