New York City's congestion pricing program has garnered nearly $160 million in its first three months. The introduction of this pricing has raised significant revenue, with March alone contributing $45.1 million. However, the program's future is uncertain, as federal officials have set a deadline to potentially terminate it by May 21. Threats from federal authorities may result in withheld funds for essential road projects, creating friction between state and federal priorities. Despite these financial implications, state officials, including Governor Hochul, remain committed to upholding the program.
Congestion pricing in NYC has raised nearly $160 million in its first three months, but federal threats loom over its future if not terminated by May 21.
Federal officials are threatening to withhold funding for crucial road projects in Manhattan and across NYC if congestion pricing continues past the federal deadline.
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