The New York congestion price generates almost $ 50 million in the first month as Trump Admin moves to kill the plan
The congestion prices of New York city prices generated almost $ 50 million in revenues in their first month, authorities said Monday, as the Trump administration moves to kill the First Program in La Nación.
From January 5, the first day of the program, until January 31, the tolls of the Congestion Price Program generated $ 48.66 million, according to the Metropolitan Transportation Authoritythat manages the meters of the city, as well as bridges and vicinity rails.
The net income for that period was $ 37.5 million by taking into account the expenses to execute the program, said the MT.
The program is on the way to generate $ 500 million in net income for the end of this year, as initially projected, said the MTA.
“With an initial online performance with the projections, we can advance with confidence with projects that depend on funds from the congestion aid zone,” said the Financial Director of the MTA, Kevin Willens, in a statement. “We hope to see similar results in the coming months.”
Signs are shown that advise the drivers of congestion pricing tolls near the Lincoln tunnel in New York, February 19, 2025.
Seth Wenig/Ap
The update occurs after the United States Department of Transportation last week said it obtained the federal approval of the Plan after a review requested by President Donald Trump.
The review found that the “scope of this pilot project as approved exceeds the authorized authority” under the pilot program of value prices of the Federal Road Administration, the Secretary of Transportation Sean Duffy, in a letter to New York governor Kathy Hochul, Wednesday.
Trump celebrated the DOT movement, saying on its social networks Truth Social, “the congestion price is dead. Manhattan, and all New York, is saved. Live the king!”
The MTA said immediately challenged the reversal of the Trump administration in the Federal Court. The MTA is looking for a declaration judgment that the DOT measure “is not adequate” and is not turning off the tolls under the program until there is a court order, President and Ceo Janno Lieber, said Wednesday.
Duffy, who called the “unfair” plan He told CBS News On Wednesday, he would be open to some form of congestion prices while questioning the price of New York toll.
The congestion price plan charges passenger vehicles $ 9 to access Manhattan below 60 street during peak hours as part of an effort to relieve congestion and raise funds for the city’s public transport system. During the peak hours, small trucks and charter buses are charged $ 14.40 and trucks and tourist buses pay $ 21.60.
According to MTA findings, 68% of the $ 48.66 million in revenues generated in January came from passenger vehicles, 22% taxis and rental vehicles, 9% trucks and 1% of bus and motorcycles.
New York officials have promoted the success of the program to facilitate traffic, and Hochul said last week that the congestion has “dramatically fallen” since the program entered into force last month.
