NEW YORK -- One day after Gov. Kathy Hochul suddenly slammed the brakes on congestion pricing, there are reverberations across the region.Manufacturer faces potential budget cuts, layoffs due to congestion pricing delayThe company Alstom is responsible for building about half of New York City's subway cars. Their subway fleet dominates the more-than-century-old system.
'We need to be able to know that we have those projects in our pipeline so that we can be able to keep people employed,' Simons said.What does the congestion pricing delay mean for NYC's subway system?That expected funding, with a price tag in the billions, was supposed to go towards improving the MTA's aging subway fleet, some of which has been around since the '70s.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: