Loading...
Loading...
Browse all stories on DeepNewz
VisitWill NY Governor Hochul propose an alternative funding source for MTA by mid-2024?
Yes • 50%
No • 50%
New York State government announcements and official press releases
NY Governor Hochul Indefinitely Halts $15 Congestion Pricing, Sparking Controversy
Jun 6, 2024, 07:57 PM
New York Governor Kathy Hochul has indefinitely postponed the implementation of New York City's congestion pricing plan, which was set to charge drivers $15 to enter Manhattan south of 60th Street. This decision has sparked significant controversy and backlash from various stakeholders. The plan, initially proposed in 2007 and passed by the legislature in 2019, aimed to reduce traffic congestion and generate revenue for the Metropolitan Transportation Authority (MTA). The postponement has left a $15 billion gap in the MTA's funding for crucial transit projects, including the Second Avenue Subway extension and ADA accessibility improvements. Critics argue that the delay will have severe implications for climate policy and urban planning, while supporters of the decision believe it will alleviate financial burdens on drivers. Hochul's move has also led to discussions about alternative funding methods, such as a potential tax on city businesses. The MTA board and other officials express concerns about the lack of consultation and the future of the agency's projects. The decision also jeopardizes a $500 million contract related to the congestion pricing plan.
View original story
Increased taxes • 25%
Federal funding • 25%
Private investments • 25%
No new funding • 25%
Congestion pricing • 25%
Business tax • 25%
State funding • 25%
Federal funding • 25%
Service Cuts • 25%
Fare Increases • 25%
State Funding • 25%
Federal Grants • 25%
Increased funding • 33%
Decreased funding • 33%
Unchanged funding • 33%
City business tax • 25%
No alternative funding • 25%
Federal grant • 25%
Statewide tax • 25%
Cancelled • 33%
On schedule • 33%
Delayed • 33%