The Federal Highway Administration's final approval for the MTA's now-shelved congestion pricing program indicated significant economic benefits, including travel-time savings, improved travel-time reliability, and reduced vehicle operating costs.
MTA hopes federal approval will prompt Governor Hochul to reconsider shelving the congestion pricing plan, emphasizing its positive effects on the environment, economy, and communities.
The final hurdle for congestion pricing is the Value Pricing Pilot Program, pending signatures from federal agencies, MTA, and city/state DOTs, as Governor Hochul temporarily suspends further progress.
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