MTA Shelves Congestion Pricing Plan, Jeopardizing Key Projects
Governor Hochul's decision halts the tolling initiative, affecting funding for major transit expansions and improvements.
- The MTA Board voted to pause the congestion pricing plan, following Governor Hochul's directive.
- The halt will result in a $16.5 billion shortfall in capital funding, impacting several projects.
- Key projects affected include the Second Avenue Subway expansion and LIRR station upgrades.
- Public opinion is divided, with many questioning the effectiveness and communication of the plan.
- Alternative funding solutions, such as increased sales tax, are being discussed to support the MTA's needs.