The Surprising Reason Behind New York’s Decision to Abandon Congestion Pricing

The Surprising Reason Behind New York’s Decision to Abandon Congestion Pricing



Reasons Behind New York’s Decision to Halt Congestion Charging

After facing numerous obstacles and ⁣legal battles, New York City was finally ‍ready to implement​ congestion pricing. The infrastructure was set up, with plans for drivers entering Manhattan to ⁣pay $15 to ⁢fund subway improvements. However, Governor Kathy Hochul unexpectedly announced a halt to the plan on June 5th.

Her reasoning‌ for this sudden change was vague. She cited changing circumstances and concerns about the‍ financial burden on⁤ working and middle-class households. Despite​ the⁤ city’s economic growth and the long-standing plan for the $15 fee, the ⁤decision to pause the initiative left many puzzled.

2024-06-06​ 04:23:51
Source: www.economist.com

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