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posted May 07, 2007 at 09:29 am

Mayor Bloomberg's plan for a "greener" and "greater" New York City includes congestion pricing for Manhattan south of 86th Street. "It's naive to suppose that congestion isn't itself costly. Sitting in traffic, a plumber can't plumb and a deliveryman can't deliver. The value of time lost to congestion delays in the city has been put at five billion dollars annually."

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