Hochul Halts Congestion Pricing, MTA Scrambles for Funding Solutions

Governor's sudden decision leaves transit agency re-evaluating key projects without clear alternative funding sources.

MTA officials stress the need to reprioritize and potentially reduce service without congestion pricing revenue.
Governor Hochul insists there are other ways to fund MTA projects but provides no specific details.
The $15 billion congestion pricing plan was set to support major upgrades, including the Second Avenue Subway extension.
Critics argue Hochul's move creates uncertainty and could impact the MTA's credit rating.
Hochul remains confident that funding solutions will be found, hinting at possible legislative sessions.