Hochul did this because funding city employee pensions is getting harder to do.
“Hochul did this because funding city employee pensions is getting harder to do.”
The congestion pricing revenue does not go to city pensions. It goes to the MTA. They ran threw various state and local budgeted subsidies for the MTA, so, not wanting to raise “taxes” more for their beloved agencies that can never get enough subsidies, they cooked up a new de facto tax - “congestion pricing”.
It is really a tax on ALL motor vehicles, as it even applies to city residents living in the “congestion pricing zone” or elsewhere. I know a woman in Manhattan who has decided to sell her car, rather than pay the “congestion pricng” each time she takes it to see friends and relatives anywhere else in the city. Once she moves it on the Manhattan streets below 59th street (where she lives) she’ll pay the congestion pricing toll.