New York’s congestion pricing plan inches closer to final approval

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New York’s congestion pricing plan inches closer to final approval
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If the plan goes through, New York would become the first state in the nation to have such a tolling system.

Make your contribution now and help Gothamist thrive in 2023.The Federal Highway Administration on Friday preliminarily approved the MTA’s highly anticipated congestion pricing plan, which would charge drivers entering Manhattan below 60th Street.

New York Rep. Jerry Nadler also praised the move, saying congestion pricing is the “best way to get cars off our overly crowded roads.” The MTA is expected to garner $1 billion in revenue from congestion pricing to help sell bonds that would generate $15 billion that will go toward its capital plan. “Everyone in the region deserves access to more reliable mass transit, but placing an unjustified financial burden on the backs of hardworking New Jersey commuters is wrong,” he said in a statement. “Simply put, it is a money grab.”New Jersey Rep. Josh Gottheimer, one of the most vocal New Jersey elected officials against the congestion pricing plan, also opposed the recent federal move.

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