Effective Tuesday, Golden Gate Bridge tolls will increase by 50 cents, raising the cost for most drivers to $10, while two-axle vehicles will pay $10.75. FasTrak customers will be charged $9.75, while pay-as-you-go account users will be charged $10. This increase is part of a strategy to recover from pandemic-related financial losses and to narrow a projected $220 million budget deficit for the Golden Gate Bridge, Highway and Transportation District.
"You just have to do it," Caltrain spokesperson Dan Lieberman told SFGATE about the massive investment in electric trains, a project that cost nearly $2.5 billion. "When you deliver a better service, you start seeing the results we have right now. People can't get enough of it."
Suffolk County may face a $91 million debt from illegal fees of its red-light camera program, casting shadows over its upcoming budget amidst a $552 million deficit.
Ray Dalio, the founder of hedge fund Bridgewater Associates, said he met with House Budget Chair Jodey Arrington and House Republicans to discuss the national debt on Tuesday.