New York's Congestion Pricing Plan Set to Launch in January
Governor Hochul announces revised congestion pricing plan with new tolls to alleviate traffic and fund public transit improvements in Manhattan.
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Summary
New York Governor Kathy Hochul confirmed the start of a revised congestion pricing plan on January 5, imposing a $9 toll for most vehicles entering Manhattan, down from a proposed $15. This initiative aims to combat congestion and support public transit funding, generating $15bn for improvements. Small trucks and non-commuter buses will pay $14.40 while larger trucks will incur a $21.60 charge. Despite political opposition, particularly from incoming President Donald Trump and New Jersey Governor Phil Murphy, Hochul emphasizes the necessity of the plan for urban mobility and air quality.
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