Index Investing News
Wednesday, September 3, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Kathy Hochul’s large congestion pricing lie reveals she KNOWS it is a disastrous concept

by Index Investing News
December 31, 2024
in Opinion
Reading Time: 2 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter



Gov. Kathy Hochul has gone full rabbit gap on her congestion-pricing tolls.

After a Jersey federal decide issued a ruling Monday that she and the MTA say leaves them free for a Jan. 5 go-ahead to begin the gouging, the gov smirked: “This can be a large win for commuters in each New York and New Jersey.”

A win for commuters? It’s the precise reverse. 

On the Gothamite facet of the query, the $9 toll (already set to rise to $12 after which $15 over the subsequent six years) for drivers heading south of sixtieth Road in Manhattan will slam less-affluent outer-borough residents the toughest — amongst them cops, lecturers, firefighters and different suppliers of important providers. 

Worse, by the MTA’s personal analyses, the plan will almost certainly improve site visitors in The Bronx and Staten Island (in different phrases, relocate the logjams exterior of wealthier Manhattan). 

Extra From Put up Editorial Board

For Backyard Staters, the toll received’t simply slam commuters, but in addition discourage informal guests from coming into the town in any respect, which implies they received’t be spending their cash right here at eating places, outlets and theaters. 

And this comes towards a backdrop of absolute fiscal irresponsibility from the MTA.

Some $252 million for subway intercoms that turned out to be mainly ineffective. 

A roughly 4% fare hike in 2025 and one other hike in 2027.

A requirement for $1.27 billion for 435 new subway automobiles (at almost double the per-car worth of what Chicago paid for 400 new automobiles).

State Comptroller Tom DiNapoli simply weighed in with a blistering report how unhealthy the company is with money.

And if this toll is so nice for commuters, gov, why did you “pause” it again in June — after which, while you re-lowered the increase after Election Day, decrease it (for now) to $9?  

Look, Hochul’s no dummy: She is aware of folks hate congestion pricing and that it serves no actual goal past funneling money to a bleeding MTA.

However fashionable Democrats don’t take care of large errors by reversing course.

As an alternative, they provide determined inversions of actuality: “Win for commuters” is her model of “the border is underneath management.” 

It’s slimy and pathetic — and as soon as once more the folks bearing the brunt would be the common New Yorkers she claims to serve. 



Source link

Tags: BigCongestionDisastrousHochulsIdeaKathyLiePricingshows
ShareTweetShareShare
Previous Post

Democracy for Liberal Individuals: Half 1

Next Post

Drugmakers to lift US costs on over 250 medicines beginning Jan. 1 By Reuters

Related Posts

Trump must deploy the Nationwide Guard to Chicago instantly!

Trump must deploy the Nationwide Guard to Chicago instantly!

by Index Investing News
September 1, 2025
0

On Monday, President Trump signed an govt order ending cashless bail nationwide and creating rapid-response Nationwide Guard models that may...

Seize this opportunity to make it daring and delightful

Seize this opportunity to make it daring and delightful

by Index Investing News
September 1, 2025
0

The bundle not solely clearly articulates the Centre’s imaginative and prescient of a reformed GST, but in addition pushes all...

Scientifically Talking: You’re what your intestine microbes eat

Scientifically Talking: You’re what your intestine microbes eat

by Index Investing News
September 1, 2025
0

Crucial dinner company at your desk tonight gained’t pull up a chair or have interaction in chitchat. They're your intestine...

How I Keep Disciplined With Cash With out Being Excellent

How I Keep Disciplined With Cash With out Being Excellent

by Index Investing News
September 1, 2025
0

Let’s be trustworthy: you don’t want one other “excellent funds” template or some one-size-fits-all cash hack. You don’t must deprive...

What we ignore whereas we’re speaking about President Biden –
Las Vegas Solar Information

What we ignore whereas we’re speaking about President Biden – Las Vegas Solar Information

by Index Investing News
September 1, 2025
0

Saturday, Could 31, 2025 | 2 a.m. Positive, it’s an actual story that deserves consideration, and the Biden debacle is...

Next Post
Drugmakers to lift US costs on over 250 medicines beginning Jan. 1 By Reuters

Drugmakers to lift US costs on over 250 medicines beginning Jan. 1 By Reuters

The Greatest Motion pictures of 2024

The Greatest Motion pictures of 2024

RECOMMENDED

Three Methods for Spicing Up Your Social Media Presence

Three Methods for Spicing Up Your Social Media Presence

March 8, 2022
Engaged Capital and Yeti attain a key settlement – 3 ways to create worth

Engaged Capital and Yeti attain a key settlement – 3 ways to create worth

April 5, 2025
Chinese language EV startups are spending extra on analysis than Tesla is

Chinese language EV startups are spending extra on analysis than Tesla is

July 30, 2024
Firefighters battle to include McKinney wildfire, California’s largest this 12 months

Firefighters battle to include McKinney wildfire, California’s largest this 12 months

August 1, 2022
Biden provides burst of energy country doesn’t normally get to see during State of the Union

Biden provides burst of energy country doesn’t normally get to see during State of the Union

March 8, 2024
IND vs PAK 2022: “Look at Virat’s sixes”

IND vs PAK 2022: “Look at Virat’s sixes”

October 25, 2022
The U.S. Senators Revised Cybersecurity Bill To Include Crypto

The U.S. Senators Revised Cybersecurity Bill To Include Crypto

October 2, 2022
SMCI Stock: Too Late to Buy?

SMCI Stock: Too Late to Buy?

March 6, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In