Cab drivers protest NYC street-hail bill

Livery and yellow cab drivers took to the streets of Manhattan today in protest against the current street-hail bill that could soon be passed into law.

The bill would allow livery cabs to pick up street hails in all New York City boroughs. The bill was passed by the New York State Senate back in June, however, the Assembly and Gov. Andrew Cuomo (D-N.Y.), along with cab drivers, are standing in the way.

Yellow cab drivers say they don't want to give up their exclusive right to street hails. They say they're afraid if more livery cabs buy yellow cab medallions, their existing medallions will be devalued.

Meanwhile, livery cab drivers say changing current policy could mean more fines and obstacles for those black cabs that don't buy medallions.

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