On WNYC this morning Sheldon Silver argued that the only reason he didn't support congestion pricing was that there was no MTA capital plan in place to provide local residents with transportation.
Well, Mr. Silver, how is the MTA supposed to have a capital plan without any capital?
Congestion pricing is one of the few sure fire ways to pay off the MTA's debts. Some have argued that the implementation and operation cost of congestion pricing would be high, offsetting the gains. However, the implementation and operation costs are already in play; the infrastructure is under construction as part of Operation Atlas, New York City's anti-terrorist operation.
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