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A comment on Congestion pricing in Manhattan is a predictable success. Parent comment

Re:Congestion pricing in Manhattan is a predictable success by prasadjoglekar on Friday June 20, 2025 @01:48PM (#44330115)
The biggest downside is that the reason this was done had little or nothing to do with congestion. That's a side effect. It was to fill budget holes in the MTA, which is a notorious money pit that delivers far less value than the billions if gobbles up.

There's a real chance that future cash flows from this congestion pricing are going to be securitized for today's cash payments, similar to Chicago parking.

https://www.nbcnewyork.com/news/local/nyc-transit-governor-s...

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Re:Congestion pricing in Manhattan is a predictable success by zahlman on Friday June 20, 2025 @03:17PM (#44331007)
> the reason this was done had little or nothing to do with congestion. That's a side effect

Then why, out of the countless alternatives, did they choose to raise the funds this way?

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Re:Congestion pricing in Manhattan is a predictable success by prasadjoglekar on Friday June 20, 2025 @05:16PM (#44332190)
Au contraire, there aren't countless alternatives. Raise fares, raise taxes or impose a penalty on drivers, most of whom you think will come from Long Island, NJ and CT They chose the most politically palatable option.
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