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MTA Board passes final vote on congestion pricing plan
  + stars: | 2024-03-27 | by ( Mark Morales | ) edition.cnn.com   time to read: +3 min
CNN —Congestion pricing is coming to New York soon with transit officials officially approving the toll structure at a hearing on Wednesday. New York City will soon join other cities such as London, Stockholm and Singapore, with the new congestion pricing plan. Passenger and commercial vehicles will now pay $15 once they enter the “congestion relief zone,” which is below 60th Street in Manhattan. “One of the biggest goals of this is to finally attack congestion but the other side of the equation is to invest more in transit,” Lieber said. Despite the approval and expected implementation of the tolling plan, multiple lawsuits, such as one spearheaded by New Jersey Gov.
Persons: Janno Lieber, ” Lieber, , Phil Murphy, Organizations: CNN, , MTA, New York City Department of Education, Taxi, Limousine Commission, New Jersey Gov Locations: New York, . New York City, London, Stockholm, Singapore, Manhattan, York, United States, Long
Possession of under a gram of heroin, for example, is only subject to a ticket and a maximum fine of $100. Some lawmakers have suggested focusing on criminalizing public drug use rather than possession. Backers of Oregon’s approach say decriminalization isn’t necessarily to blame, as many other states with stricter drug laws have also reported increases in fentanyl deaths. Despite public perception, the law has made some progress by directing $265 million dollars of cannabis tax revenue toward standing up the state’s new addiction treatment infrastructure. Horvick, the pollster, said public support for expanding treatment remains high despite pushback against the law.
Persons: — Oregon's, , John Horvick, Sen, Kate Lieber, Tina Kotek, Kotek, Jason Edmiston, Alex Kreit, Lily Morgan, Heather Jefferis, ” Lieber, , Geoff Mulvihill, ___ Claire Rush Organizations: DHM Research, Democratic, Democratic Gov, Republican, Survey, Northern Kentucky University, Addiction Law, U.S . Centers for Disease Control, Health, Networks, Oregon Council, Behavioral Health, Associated Press, America Statehouse News Initiative, America Locations: PORTLAND, Oregon, Portland, Hermiston, California, Washington, U.S, Portugal, Philadelphia
As politicians sleepwalk toward a potential debt ceiling crisis, financial markets have begun pricing in a small — but growing — chance of a disastrous default. “The probability of default has gone up noticeably,” Andy Sparks, head of portfolio management research at MSCI, told CNN in an interview. Yellen has used unusually strong language for a former central banker to warn Congress against messing with the debt ceiling. Asked about MSCI’s estimate of a 2% implied probability of a default, Valliere said that number is low. But this is not a typical debt ceiling debate.”Fallback optionsThere are some early indicators of concern popping up in the bond market.
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