Latest news with #congestionpricing
Bloomberg
2 days ago
- Business
- Bloomberg
NY Congestion Pricing Is Likely to Stay Until Year End During Court Case
New York's congestion pricing program is likely to stay in place through late 2025 while a federal judge decides whether the Trump administration can stop New York from charging motorists to enter Manhattan's busiest streets. The state's Metropolitan Transportation Authority sued in February to prevent the federal government from revoking approval for the $9 toll. US District Judge Lewis Liman, who has blocked the US from withholding any funds or blocking new projects while the case proceeds, signaled in an order Wednesday that he could take until the end of the year to reach a decision.
Reuters
2 days ago
- Business
- Reuters
US judge bars Trump from killing New York congestion program
May 28 (Reuters) - A judge on Wednesday blocked the U.S. Transportation Department from withholding federal funding from New York as the Trump administration seeks to kill Manhattan's congestion pricing program. U.S. District Judge Lewis Liman, who a day earlier had issued a temporary restraining order, issued a preliminary injunction preventing the federal government from withholding approval of or funding for New York projects. Liman said in his 109-page opinion that the Transportation Department had "challenged Plaintiffs to a game of chicken," saying New York could either kill the program or "else may brace for impact and prepare to suffer the effects" of government compliance measures.
CBS News
3 days ago
- Business
- CBS News
NYC subway system's continued modernization the focus of latest MTA board meeting
Metropolitan Transportation Authority board members convened for their monthly meetings on Wednesday, just a day after the transit agency achieved what it considers a win in the ongoing congestion pricing battle with the federal government. CBS News New York has learned a big focus for the board is on the continued push to modernize the system, with members describing the latest round of work as The stuff you can't see. That includes upgrades to its camera systems, cable improvements that allow for better communication for employees, plus improvements to public announcements, emergency systems and facilities. It's all part of an effort that is collectively costing the MTA $3 billion. Another notable mention is expanded cell service. Following the rollout of the initiative on the Times Square Shuttle last year, the current capital program will pay for the installation of service on a portion of the tunnels on the 4 and 5 lines between Manhattan and Brooklyn and major sections on the G line between Court Street and Hoyt Street. "We came to thew board with our public-private partnership with Bolden, formerly known as Transit Wireless, who will be providing cell service to our customers in our tunnels," a board member said. "As part of this deal, which C&D Planning negotiated, we expect $600 million of infrastructure development at no cost to the MTA or our customers." Judge rules in MTA's favor on congestion pricing The infrastructure project announcements come as a federal judge in New York sided with the MTA to keep the congestion pricing tolls on. On Tuesday, Judge Lewis Liman granted the state's request for a temporary restraining order, barring the feds from withholding funding, at least until the two sides meet again in court on June 9. The hearing came after U.S. Transportation Secretary Sean Duffy gave New York multiple deadlines to stop the program. The most recent passed on May 21. Duffy warned funding would be withheld for projects in the city, like the Second Avenue Subway, and even in other parts of the state. After last week's deadline came and went, the DOT said it could implement "compliance actions" as soon as May 28. Liman, however, had already decided on previous congestion pricing cases that the tolling plan is legal. On Tuesday, he noted the MTA "showed a likelihood of success" in its case to keep the plan going, and said the state "would suffer irreparable harm" on things like transportation projects and bond ratings if the feds acted on their threat to pull federal funding starting May 28.
Bloomberg
3 days ago
- Business
- Bloomberg
NYC Congestion Toll Brings In $216 Million in First Four Months
New York City's congestion pricing toll raised $215.7 million in the program's first four months as the Trump administration seeks to end the controversial fee. Since Jan. 5, most motorists have to pay $9 during peak hours to enter south of 60th Street in Manhattan. The toll collections through April are close to budgeted estimates of $217 million for the period and the fee is on track to bring in $500 million this year after expenses, according to the Metropolitan Transportation Authority, which runs the city's transit system and is implementing the new toll.
Washington Post
3 days ago
- Business
- Washington Post
Live updates: Elon Musk ‘disappointed' with Trump's massive tax and immigration package
Elon Musk said in an interview to be broadcast Sunday that he is 'disappointed' with President Donald Trump's massive tax and immigration package that cleared the House last week, noting that it could increase the federal deficit — which is at odds with the work of the U.S. DOGE Service that he has overseen. 'I think a bill can be big or it can be beautiful, but I don't know if it can be both,' Musk said in an interview with 'CBS Sunday Morning.' Trump, who has urged the Senate to pass the legislation as soon as possible, plans to sign more executive orders Wednesday. The White House has not publicly advertised the subject matter. Elon Musk weighed in on Republicans' catchall legislation, the One Big Beautiful Bill. He doesn't seem pleased. The billionaire tasked with slashing federal spending was 'disappointed' to see the bill add to the federal deficit, he said in an interview with 'CBS Sunday Morning' airing this weekend. The Congressional Budget Office estimated that the bill could add $2.3 trillion to the national debt over 10 years. Musk said the bill 'undermines the work that the DOGE team is doing.' A federal judge said Tuesday that New York City can keep charging drivers entering parts of Manhattan up to $9 until at least June 9 through its congestion pricing program, which aims to reduce traffic and raise funds to revamp the city's decaying mass transit network. A federal judge in New York cleared a path Tuesday for the Treasury Department's DOGE team to access data systems that contain sensitive financial information on millions of Americans, stating in her ruling that the Trump administration had complied with earlier requests to demonstrate it is equipped to properly screen and train employees before granting them access. President Donald Trump lashed out at the Kremlin on Tuesday for its unwillingness to negotiate a ceasefire with Ukraine as he continued to consider increased sanctions against Russia, an escalation from his previously friendly tone toward Vladimir Putin that came as the president appeared to grow gloomier about his ability to broker peace in Ukraine.
