Without a cordon toll, the time savings from reduced traffic congestion drops by at least 60 percent. The revenues available to improve transit drop by 60 percent or more as well.
The emerging big-tent coalition for congestion pricing includes the city's business elite, large unions representing hundreds of thousands of workers, and anti-poverty advocates.
The centerpiece is a cordon zone in Manhattan below 60th Street where drivers would pay for the use of scarce street space. Here's an overview of how it would all come together.