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Reports: Hochul Halts NYMTA Congestion Pricing; Suppliers Will Suffer; Agency Outlines Next Steps (UPDATED 6/27/24)

New York Democratic Gov. Kathy Hochul has unexpectedly—but perhaps not surprisingly—halted the New York Metropolitan Transportation Authority’s controversial congestion pricing (Central Business District Tolling Program) plan, which was expected to raise up to $1 billion annually for the agency to help offset looming deficits and support major capital programs that now run the risk of scale-backs or even cancellation. At…

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