The congestion pricing pause has forced the MTA to cancel or postpone over a third of its current program, jeopardizing critical infrastructure improvements.
The MTA Board has proposed a new capital program covering 2025 to 2029, illustrating a $68 billion investment but highlighting a looming $33 billion deficit.
Governor Kathy Hochul, initially a strong proponent of the congestion pricing program, surprised many by putting it on indefinite pause amid budget concerns.
The state faces a significant $15 billion deficit in the current capital program, leaving crucial funding for transit maintenance in a precarious situation.
Collection
[
|
...
]