Well, your only choice is to raise revenue, right? Heastie said, referring to finding the funds necessary to pay for the capital upgrades.
If congestion pricing is not going to be what funds it, you have to raise revenue [elsewhere]. So either have to do that now, sometime between now and January or January.
The money raised from congestion pricing would have funded projects like the next phase of the Second Avenue Subway, upgrading decades-old signaling systems throughout the subway system, and making accessibility upgrades to 39 subway stations and nine Long Island Rail Road stations.
At first, Hochul floated the idea of levying a new payroll tax on city businesses intended to temporarily replace the billions of dollars congest.
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