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Obama Endorses Pricing as “Thoughtful and Innovative”

5:30 PM EDT on March 27, 2008

bloobama.jpgLast month Barack Obama released details of a vaguely encouraging transportation platform, pledging investment in rail and "livable communities." Today the Democratic presidential candidate endorsed congestion pricing.

In town for a speech and fundraising events, Obama was introduced at Cooper Union by Mayor Bloomberg this morning.

WNYC reports:

Speaking not far from Wall Street, Barack Obama told a Manhattan audience that the US needs better oversight of national financial markets, help for financially stressed homeowners and an additional $30 billion stimulus package.

REPORTER: Later, in an exclusive interview with WNYC, Senator Obama said he supports congestion pricing.

OBAMA: I think Mayor Bloomberg's proposal for congestion pricing is a thoughtful and innovative approach to the problem.

REPORTER: Obama said congestion pricing should not replace federal funding of mass transit.

Maybe this will take some more air out of the right-wing conspiracy theory, propagated most vocally by Congressman Anthony Weiner.

In the interest of equal time (sort of), Bill Clinton has also expressed approval for pricing -- and cycling.

Photo: AP

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