NEW YORK (WPIX) -- A plan to place tolls on the East and Harlem river bridges as part of a deal to bail out the cash strapped MTA has been given the ax by Governor David Paterson and New York legislative leaders.
Paterson acknowledged Tuesday for the first time that the toll plan, which was put on hold by many Senate Democrats, was off the table indefinitely and said the assembly would be meeting Tuesday in order to come up with other viable alternatives. Paterson also made clear that Assembly Speaker Sheldon Silver has accepted the decision.
With the toll plan given the boot, Albany, now, is being forced to devise a plan that will bring millions of dollars to the transportation agency. The State Assembly is now considering a proposal to hike MTA fares by 8% and implement a payroll tax for businesses in the MTA's 12-county region.
Senate Majority Leader Malcolm Smith says he is hoping a deal can be struck Tuesday.