By the time Gov. Kathy Hochul made the abrupt decision to cancel congestion pricing in New York City last month, transit leaders had already allocated more than a half a billion dollars to get the long-awaited tolling program off the ground.
Congestion pricing aimed to reduce traffic and pollution, improve travel speeds, and generate $1 billion annually for critical upgrades, but Gov. Hochul's cancellation left the program indefinitely suspended, resulting in wasted resources.
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