Governor Hochul Halts NYC Congestion Pricing, Citing Financial Recovery and Election Concerns

June 5, 2024
Governor Hochul Halts NYC Congestion Pricing, Citing Financial Recovery and Election Concerns
  • Governor Kathy Hochul has indefinitely postponed New York City's congestion pricing plan, which was originally set to begin on June 30.

  • The delay is due to concerns over the city's financial recovery post-pandemic.

  • The tolling program was expected to generate $1 billion annually for MTA projects.

  • Hochul is exploring alternative funding sources, such as state reserves or a potential increase in the MTA payroll tax.

  • The decision was influenced by worries about the plan's impact on Democrats' prospects in suburban areas ahead of the 2024 elections.

  • The delay has received mixed reactions, with some Democratic critics praising it and others questioning the lack of a replacement plan.

  • The situation highlights the complexity of transportation policy and funding in New York City.

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