With Congestion Pricing Dead, a $17 Billion Transit Deficit Looms
We're putting in some calls and getting some initial reactions to the State Assembly's failure to bring New York City's congestion pricing plan to a vote today.
Michael O'Loughlin at the Campaign for New York's Future said:
Congestion pricing is dead. Long live congestion pricing.
The Assembly still has to come up with a plan to deal with a $17 billion transit deficit in a $29 billion capital plan. As Gene Russianoff at the Straphangers Campaign said, 'That's more hole than plan.'
The fundamental facts remain the same. The traffic problem and air pollution problems are real. The need for better transit is real. Two-thirds of New Yorkers support congestion pricing if the funds are used for transit. The success of congestion pricing in other cities is real. The reality is that we have to come up with a plan to solve our traffic and transit crisis, if not today then tomorrow.
Now, the legislature has to confront the MTA capital plan. They have to come up with billions and billions of dollars from somewhere.
It doesn't end here. The issue is engaged and it's not going away. But this is a bad day for 7.5 million transit riders, that's for sure.
Noah Budnick at Transportation Alternatives said:
Read more...


