Higher Tolls On Hudson River Crossings

The Port Authority of New York and New Jersey’s plan to raise tolls seems like a reasonable idea to me. It’s not like Manhattan is suffering from some kind of shortage of automobile traffic that will cripple the city if people are now deterred from driving in.

But this seems like yet another reminder that New York City would really benefit from a proper congestion pricing plan. Tolling for revenue is an okay idea, but tolling for traffic efficiency would in fact raise tons of revenue and would also have a firmer policy rationale.