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New York eyes reviving congestion pricing toll before Trump takes office

Business Standard LogoBusiness Standard1d ago

New York eyes reviving congestion pricing toll before Trump takes office - Business Standard

Quick Summary:

In the days since Trump's election, Hochul and her staff have been reaching out to state lawmakers to gauge support for resuscitating the plan known as congestion pricing with a lower price tag, according to two people familiar with the outreach.

Kathy Hochul is considering ways to revive a program that would have charged drivers a new USD 15 toll to enter certain Manhattan neighbourhoods before President-elect Donald Trump takes office and can block it.

She said at the time she was worried it would cost motorists too much money, but it was also widely seen as a political move to help Democrats in closely watched congressional races in the city's suburbs.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 07:38:47 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 658 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23541104

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 341 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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