Hochul won't budge on NYC congestion pricing. What are the fiscal implications?

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Hochul won't budge on NYC congestion pricing. What are the fiscal implications? | Opinion

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Hochul won't budge on NYC congestion pricing. What are the fiscal implications? | Opinion

//business-finance.news-articles.net/content/202 .. ng-what-are-the-fiscal-implications-opinion.html

Published in Business and Finance on Sunday, March 30th 2025 at 5:01 GMT by Yahoo

🞛 This publication is a summary or evaluation of another publication
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Gov. Kathy Hochul vows to "fight back hard" against federal demands to terminate New York City's congestion pricing program, What will be the cost?

2025-03-30 195 x 130 / 10504 Bytes

Governor Kathy Hochul remains steadfast in her decision to implement New York City's congestion pricing plan, despite opposition from New Jersey officials and some local leaders. The plan, set to start in June, aims to reduce traffic and fund public transit improvements by charging drivers a fee to enter Manhattan's central business district. Critics, including New Jersey Governor Phil Murphy, argue that the plan unfairly burdens commuters from outside NYC without providing them any benefits. Hochul has dismissed calls for a delay or cancellation, emphasizing the plan's environmental and economic benefits, and has not engaged in direct talks with New Jersey, instead referring them to the federal review process. The contention continues as both sides prepare for potential legal battles, with New Jersey exploring options to sue over the plan's implementation.

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[ https://www.yahoo.com/news/hochul-wont-budge-nyc-congestion-082235949.html ]