"I believe that no New Yorker should have to pay a penny more than absolutely necessary to achieve these goals, and $15 was too much," Hochul said in a press meeting on November 14th. "I am proud to announce we have found a path to fund the MTA, reduce congestion and keep millions of dollars in the pockets of our commuters."
"We're still getting the $15 billion to fund the MTA and drivers are paying $6 less. This lower toll will still allow us to accomplish all - and I mean all - of the goals of congestion pricing: new modern signals, the long-awaited Second Avenue subway, new electric buses, elevators," Hochul highlighted.
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