The Citizens Budget Commission indicates that the pause on congestion pricing by Gov. Hochul will significantly delay the MTA's upcoming capital plan, pushing project starts back by two years or more.
The report outlines that the MTA faces a $27.6 billion overhang from previous capital plans, with $16.5 billion directly linked to the paused congestion pricing initiative, complicating future funding.
According to the CBC, even with a strong commitment to annual capital spending of $15 billion, the MTA would struggle to begin new projects until late 2026 because of the congestion pricing delay.
The massive $16.5 billion in deferred work due to the congestion pricing pause underlines the urgency for the governor to clarify her approach to the tolling system, as it has hindered project execution.
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