Governor Andrew Cuomo and Mayor Bill de Blasio have agreed to a deal they say will help fix the MTA.
They’ve unveiled a 10-point plan, which includes congestion pricing. That would charge drivers traveling below 60th Street to help fund subway repairs and upgrades.
“This crisis runs deeper than ever before, and it’s now clear there is no way to address it without congestion pricing and other dedicated revenue streams. The time to act is now,” Mayor de Blasio said in a statement.
De Blasio was previously against congestion pricing and preferred a millionaire’s tax. However, a millionaire’s tax didn’t have the support in Albany and the mayor was able to win some concessions as part of the deal.
“The proposal we’re announcing today addresses concerns I’ve raised related to a lockbox for transit, fairness to the outer boroughs and accommodating hardships,” de Blasio said.
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