Sources: NY Gov. Hochul to announce 40% reduction in congestion pricing plan
The plan would bring the toll price down from $15 to $9, a $1,500 yearly savings for commuters driving into New York City five days a week.
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Sources tell News 12 that New York Gov. Kathy Hochul will announce a 40% reduction in New York's original congestion pricing plan.
Hochul is expected to announce the decision on Thursday during a news conference.
RELATED: NY Gov. Hochul hints that the congestion pricing plan may be returning soon
The plan would bring the toll price down from $15 to $9, a $1,500 yearly savings for commuters driving into New York City five days a week.
New Jersey officials have been expressing their concern about congestion pricing and have vowed to put a stop to it.
Hochul paused plans for congestion pricing this past summer but said earlier this week that she was planning on moving forward with the plan.
