“Congestion pricing is working,” says MTA CFO Jai Patel #shorts #mta #congestionpricing #nyc
Bloomberg Television·2025-08-19 22:04
Congestion pricing is working. It is reducing traffic by 11%. What does that mean.70,000 cars are off the road every single day. What else is it doing. It's moving our buses faster. It's moving people faster.We've seen a change in ridership. But also, we've seen safety increases. There's a 14% decline in pedestrian crashes.And on top of it all, it is bringing in the revenue that we had projected originally. But what's the backup plan if that evaporates. Yeah, we're confident, right, that the MTA and uh the ...