Free Trial

New York's congestion toll on drivers could make a comeback before Trump's second term

Pedestrians cross Delancey Street as congested traffic from Brooklyn enters Manhattan over the Williamsburg Bridge, March 28, 2019, in New York. (AP Photo/Mary Altaffer, File)

ALBANY, N.Y. (AP) — A $15 toll on vehicles entering the busiest parts of New York City could be revived, as the state's Democratic governor considers enacting the program before President-elect Donald Trump takes office and can block it.

In the days since Trump's victory, Gov. Kathy Hochul and her staff have been reaching out to state lawmakers to gauge support for resuscitating the plan — known as “congestion pricing” — with a lower price tag, according to two people familiar with the outreach. They spoke to The Associated Press on condition of anonymity because they were revealing private conversations.

Hochul halted the plan to ease gridlock and pump billions into mass transit just weeks before it was set to launch this summer. All the costly infrastructure such as license plate readers was already in place.

At the time, she said she worried it would cost motorists too much money, but it was also widely seen as a political move to help Democrats in closely watched congressional races in the city’s suburbs. The fee would come on top of the already hefty tolls to enter the city via some river crossings, and Republicans were expected to use it as a cudgel in an election heavily focused on cost-of-living issues.

Some of those Democrats ended up winning. But so did Trump, who has vowed to terminate congestion pricing once he returns to the Oval Office in less than two months.

Hochul long insisted the program would eventually reemerge, but previously offered no clear plan for that — or to replace the billions of dollars in was supposed to generate to help New York City's ailing public transit system.

Now the governor has floated idea of lowering the toll from $15 down to $9 for most people driving passenger vehicles into Manhattan below 60th Street, according to the two people. Her office suggested that a new internet sales tax or payroll tax could help to make up the money lost by lowering the fee, one of the people said.

A spokesman for Hochul declined to comment and pointed to public remarks the governor made last week when she said: “Conversations with the federal government are not new. We’ve had conversations — ongoing conversations — with the White House, the DOT, the Federal Highway Administration, since June.”

A key question hanging over the process is whether lowering the toll amount would require the federal government to conduct a lengthy environmental review of the program, potentially delaying the process into the incoming administration's term. The program, which state lawmakers approved in 2019, stalled for years awaiting such a review during the first Trump administration.

The U.S. Department of Transportation did not immediately return an emailed request for comment.

Laura Gillen, a Democrat who last week won a close election for a House seat on Long Island just outside the city, responded to the congestion pricing news with dismay.

“We need a permanent end to congestion pricing efforts, full stop. Long Island commuters cannot afford another tax,” Gillen wrote on the social media site X after Politico New York first reported on the governor's efforts to restart the toll program.

Andrew Albert, a member of the MTA board, said he supported the return of the fee but worried that $9 would not be enough to achieve the policy’s goals.

“It doesn't raise enough money, it doesn’t clear enough cars off the streets or make the air clean enough,” he said.

___

AP reporter Jake Offenhartz contributed from New York.

→ Trump won. Buy this coin now. (From Weiss Ratings) (Ad)

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines