Compromise possible in congestion pricing planPosted: Updated:
Governor Spitzer has reportedly come up with a compromise that may bring $500 million in federal transportation aid to the city, without actually approving the congestion pricing plan.
The New York Sun reports Spitzer and lawmakers wouldn't exactly approve the mayor's plan to charge drivers $8 to enter part of Manhattan during peak hours. Instead, they would express support for congestion pricing.
According to the New York Sun, Spitzer hopes that will be enough for the city to remain in the running for some of the $1.2 billion the federal transportation department plans on distributing to five cities nationwide.
If lawmakers don't approve the mayor's congestion pricing plan by Monday, the city stands to lose its chance at the funding. A spokesperson for the transportation department says it wouldn't accept anything less than a full approval of the plan.