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The rich were driving before, and are still driving. The difference is that now they are paying for that service they were already using, and those funds are g
by stetrain 10mo ago
The rich were driving before, and are still driving.
The difference is that now they are paying for that service they were already using, and those funds are going to public transit which serves the majority of New Yorkers especially those with lower incomes.
- CryptoBanker 10mo agoThe problem is that no one in NYC, rich or poor, has any confidence in the MTA's ability to properly and efficiently use these funds. This stems from a long history of incompetence and wastefulness by the MTA
- stetrain 10mo agoSounds like a great area to advocate for improvement.
- JumpCrisscross 10mo ago> no one in NYC, rich or poor, has any confidence in the MTA's ability to properly and efficiently use these funds They're already using them, and the results show. They could have done it cheaper. But the LIRR is operating at Swiss rail efficiecies since the recent electrification and signalling improvements.
- CryptoBanker 10mo agoWhat electrification and signal improvements are you talking about? Signal upgrades are a constant thing in the MTA, both for the LIRR and the subways. They are not something that just started with congestion pricing funds. Also, efficiency was already on the upswing for the LIRR long before congestion pricing funds[1]. [1] https://www.mta.info/press-release/icymi-governor-hochul-celebrates-long-island-rail-roads-strongest-year-date https://www.mta.info/press-release/icymi-governor-hochul-cel...
- ceejayoz 10mo agoCongestion pricing was agreed to in 2019. Expected revenue was used to budget quite a few projects; this caused a bit of a scare when Hochul put it on hold for a while. https://www.nytimes.com/2024/07/16/nyregion/congestion-pricing-cost-hochul.html https://www.nytimes.com/2024/07/16/nyregion/congestion-prici...
- CryptoBanker 10mo agoThe loans backed by congestion pricing revenue weren't taken out until this year https://www.bloomberg.com/news/articles/2025-05-07/ny-mta-gets-500-million-loan-backed-by-congestion-toll-revenue https://www.bloomberg.com/news/articles/2025-05-07/ny-mta-ge... That money you're talking about was money that was already spent to implement congestion pricing
- ceejayoz 10mo agoOne specific loan was taken out this year. (And planning tends to preceed the actual loans.)
- CryptoBanker 10mo agoPlanning is not the same as spending
- JumpCrisscross 10mo agoIt’s not shovel-ready spending. But it’s absolutely part of the process, and not one you can skip in a democracy.
- CryptoBanker 10mo agoThat article was about expenses related to implementing congestion pricing, so I'm not sure what your argument is here
- JumpCrisscross 10mo ago
- SoftTalker 10mo agoAre the funds actually going to public transit, or are they being used to pay off all the people whose support was needed to implement the congestion charges?
- ceejayoz 10mo agohttps://en.wikipedia.org/wiki/Congestion_pricing_in_New_York_City#Revenue https://en.wikipedia.org/wiki/Congestion_pricing_in_New_York... > In June 2025, revenue from the congestion toll was used to increase service on more than a dozen bus lines citywide… In October 2025, the MTA sold $230 million worth of bonds to help fund the first projects that were being partially financed using congestion-toll revenue.