New York Gov. Hochul Proposes Congestion Pricing

Governor Kathy Hochul is set to announce a new congestion pricing proposal, aiming to lower the previously planned $15 toll for vehicles entering Manhattan to $9. This decision comes after Hochul paused the program earlier this year, citing concerns over the financial burden on drivers amid inflation. The new plan, which is expected to be approved by the MTA board by November 20 and launched on December 29, is part of efforts to fund $15 billion in essential repairs for the MTA. However, federal legislators, including Republican Rep. Mike Lawler, have expressed intentions to block the initiative. Hochul's administration is negotiating with federal officials to finalize the plan before the inauguration of President-elect Donald Trump, who has vowed to terminate the congestion pricing program.