Gov. Kathy Hochul is sticking to her congestion pricing guns, just one day after the new tolling program started charging cars and trucks a new fee to enter Manhattan south of 60th Street.
“I know the impact this has on people, I understand this,” Hochul said on Monday during a press conference in Midtown. “We have to make investments in our public transit system. Full stop. It takes a lot of money to do that.”
What You Need To Know
- The program is estimated to raise $15 billion for the MTA’s planned subway track and signal construction projects — raised by charging drivers at least $9 to enter Manhattan at 60th Street or below on weekdays from 5 a.m. to 9 p.m.
- Asked when she’ll declare the program a success or failure, Gov. Kathy Hochul said “by 2026” – conveniently, the year she is up for reelection
- Although she’s vowing to hold the line against raising taxes, the state Legislature may have no choice — as the MTA’s next capital plan is estimated to cost almost $70 billion through 2029
The program is estimated to raise $15 billion for the MTA’s planned subway track and signal construction projects — raised by charging drivers at least $9 to enter Manhattan at 60th Street or below on weekdays from 5 a.m. to 9 p.m.
“Walking up and down the train, everybody likes the idea!” she added of her morning commute on the Metro-North Railroad.
Asked when she’ll declare the program a success or failure, Hochul said “by 2026” — conveniently, the year Hochul is up for reelection.
But program critic, City Councilman Joe Borelli, says Hochul should’ve kept the cameras off.
“Unicorns, rainbows, magic. Do you really think this is going to solve the MTA’s problem? Does anyone at this table, does anyone on this network today actually think this is going to solve the MTA’s fundamental problem with delivering capital projects on time and under budget? I challenge them,” the Republican said during an interview with “Mornings On 1” Monday.
Bronx Congressman Richie Torres argues Hochul’s insistence that affordability is her number one priority appears empty while she’s championing the new driving tax.
“Why can’t the governor level with New Yorkers? Why can’t she simply say what she believes: that congestion pricing is necessary for funding the capital needs of the MTA but that she will not insult the intelligence of New Yorkers and claim that a cost is actually cost-savings,” Torres, also a possible Democratic primary challenger for Hochul, said in a tweet.
Although she’s vowing to hold the line against raising taxes, the state Legislature may have no choice — as the MTA’s next capital plan is estimated to cost almost $70 billion through 2029.
“I don’t know globally what we have to spend — revenues have been coming in at a higher rate. The governor says $3 billion in the Assembly, we think that re-estimate is even higher so we’ll have a little more money to go shopping with,” Assembly Speaker Carl Heastie told NY1 on Friday.
Hochul is poised to present her 2025 State of the State policy and spending plan next week, which will kickoff negotiations with the Legislature.