NEW YORK GOV. KATHY HOCHUL ANNOUNCES $9 "CONGESTION" TAX

Hochul argues that congestion pricing is needed to reduce carbon emissions and traffic, and to fund New York’s troubled public transportation — specifically the broke MTA, which is reportedly short a stunning $25 billion. The state wants to bring in $500 million per year during its first three years, and eventually $1 billion dollars when the toll hits $15.