Overview

• New Jersey Transit's board unanimously voted to increase fares by 15% starting July, marking the first hike in nearly ten years.
• The fare hike aims to fill a projected budget gap of over $100 million for 2025, with deficits expected to grow substantially by 2026.
• Governor Phil Murphy faces challenges both from within New Jersey and from New York's congestion toll, which has sparked legal and political disputes.
• Public opposition to the fare increase is strong, with protests and criticism highlighting the impact on daily commuters and working families.
• The decision comes as New York continues its transit modernization efforts, funded in part by the new tolls intended to reduce Manhattan congestion.