Tags: congestion pricing | toll | manhattan | taxes

New York Poised to Become First to Impose Congestion Pricing

a bottleneck of vehicles in manahattan
(Kike Calvo/AP)

By    |   Monday, 25 March 2019 07:38 PM

New York is ready to become the first city in the country to hit up drivers for entering the busiest parts of the city — a scheme called "congestion pricing," The New York Times reported.

State leaders justify the toll as needed to help pay for the troubled subways — enabling the Metropolitan Transportation Authority to raise billions in bonds to modernize the system, the Times noted.

"Safe to say that the Assembly is ready to go forward on congestion pricing," Carl Heastie, the chamber's speaker, told the Times on Monday. "We're at the point where Assembly members understand the need to fund the MTA."

The State Senate, which is also controlled by Democrats, and Gov. Andrew Cuomo have already expressed support — as did New York City Mayor Bill de Blasio. Even suburban lawmakers are ready to make a deal to get some of the money from the pricing plan to help commuter railroads, the Times reported.

According to the Times, other U.S. cities are exploring variations of congestion pricing, which has helped unclog streets in London, Stockholm, and Singapore.

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In a scheme called "congestion pricing," New York is ready to become the first city in the country to hit up drivers for entering the busiest parts of the city, according to The New York Times.
congestion pricing, toll, manhattan, taxes
178
2019-38-25
Monday, 25 March 2019 07:38 PM
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