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New York City is the second most congested city in the U.S.  For the New York Metro Area, commuters spend an additional 92 hours sitting in traffic costing them over $2000 in wasted time and gasoline each year.
This past January, the City’s leaders decided to do something about congestion. New York became the first U.S. city to implement a system that charged a toll on vehicles entering its central business district. The policy is designed to reduce travel time within the central business district of the city. While New York is the first U.S. city to use this approach, it has been used successfully in Singapore, London, Milan, and Stockholm.
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