The chapter explores the MTA's dependency on congestion pricing revenue for infrastructure funding, discussing the shift in public opinion from support to disapproval and the potential positive shift in attitude over time. It also delves into the economic challenges faced by Americans, including the financial burden of additional costs like driving fees, and the impact on the MTA's budget shortfall due to uncertainty with congestion pricing revenue.
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Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Economics Reporter Rich Miller break down ECB rate cuts and US jobs data. Bloomberg News Reporters Laura Nahmias and Michelle Kaske discuss the fallout of New York Governor Kathy Hochul’s stunning decision to suspend a plan to charge people driving into Manhattan. Bowling Green State University President Rodney Rodgers and Bloomberg News Higher-Education Finance Reporter Janet Lorin talk about a couple who are gifting BGSU $121 million on the condition that students graduate. And we Drive to the Close with Martín Escobari, Head of Global Growth Equity at General Atlantic.
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