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Could upstate drivers pay for new Tappan Zee Bridge?
ALBANY -- It is still too early to tell who will pay for the new Tappan Zee Bridge that the New York State Thruway Authority is assuming the billions of dollars of debt for, said state officials.
Earlier this week, after it was announced the NYSTA would take on the $2.4 billion in debt left over after a federal loan to pay for the new bridge, a bond rating agency downgrading the Thruway Authority's rating from an "A " to an "A".
During a conference call this week the head of the NYSTA said drivers will pay increased tolls to cover the cost of the bridge. It was not specified which drivers would take on the toll increases.
Governor Andrew Cuomo has yet to rule out a toll hike for the entire thruway.
A spokesman for the New York State Thruway says the plan right now is to have just Tappan Zee Bridge users pay a higher toll. However, the spokesman did not want to comment on a report tolls could increase state wide.
A commission has been put together to make recommendations as to what tolls would increase and by how much.