In a press conference at Bronx Borough Hall, Governor Kathy Hochul addressed critics and pledged to find alternative ways to fund the long-planned MTA projects, as the rollout of congestion pricing in New York City has been delayed. Originally scheduled to take effect on June 30, the tolling program has been paused indefinitely, sparking concerns about funding for crucial upgrades to subway stations, commuter railroads, and the MTA's bus fleet.

Governor Hochul dismissed the notion that congestion pricing was the only viable funding source, stating, "To assume that the only funding source had to be congestion pricing shows a lack of imagination about understanding other opportunities to fund these projects. There is no lack of imagination here, because we will find a funding source." She emphasized that the funding solution does not have to be a one-shot measure, indicating a willingness to explore multiple options.

The governor's decision to delay congestion pricing has received significant backlash from transit advocates, individuals with disabilities, business owners, and environmentalists. Some critics accused Hochul of succumbing to suburban interests during an election year, further complicating the future of the MTA's funding.

As a consequence of Hochul's late reversal, MTA officials announced that existing capital funds would be redirected exclusively towards urgent and basic needs. The governor's move also jeopardized the implementation of congestion pricing, as the State's consent, mandated by federal rules, could no longer be obtained.

Despite these challenges, Governor Hochul expressed confidence that the MTA projects will ultimately move forward. However, she did not provide immediate details regarding a new funding source. State lawmakers concluded their legislative session for the year without reaching a resolution, but Hochul stated that she was collaborating closely with legislative leaders to address the issue. There is a possibility of convening a special session in Albany to tackle the MTA's financial situation, although no official announcement has been made.

Governor Hochul assured the public that congestion pricing, along with other potential options to reduce vehicular traffic and pollution in New York City's busiest areas, is still under consideration. She emphasized that her decision to pause the program was not an elimination but a temporary halt to evaluate various options.

The Riders Alliance, an organization advocating for MTA commuters, criticized the governor's actions and urged her to reconsider. Danny Pearlstein, the group's policy and communications director, commented, "In an instant, the governor threw the future of the MTA and New York City into chaos, but she can reverse herself again with the flip of a switch."

Governor Hochul has been in communication with MTA Chair Janno Lieber regarding the situation and their collaboration on future projects. However, MTA spokespersons were not immediately available for comment.

As the discussion continues, the fate of congestion pricing and the necessary funding for MTA projects remain uncertain. The governor's commitment to finding alternative sources of funding and the possibility of a special legislative session reflect ongoing efforts to address the financial challenges facing New York City's transportation infrastructure.