Monday, April 23, 2007

Bloomberg Proposes Congestion Pricing

Mayor Bloomberg was the story this Earth Day as he made official his congestion pricing proposal.

The basics of congestion pricing are to charge an $8 toll for driving in the most congested part of Manhattan during the day. The money raised would be used to expand mass transit so it runs more frequently and to more places. You can read more details in the Daily Politics and the Politicker.

Reaction has been come quickly. What do you think?

Update: Read Bloomberg's speech or watch it on video.