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Biden Asks Senate To 'Act Urgently' As Country-Wide Railroad Strike Could Inflict $2B A Day In Economic Damage
Thursday, December 1, 2022 - 3:42pm | 769The possibility of a $2 billion a day cost to the American economy is on the line as President Joe Biden pushes for a government-led negotiation between railroad companies and rail unions. What Happened: On Wednesday, the U.S. House of Representatives passed a piece of legislation...
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A Railroad Stoppage Before Christmas Could Cause Over $2 Billion In Economic Damage, Driving Inflation Even Higher
Monday, November 28, 2022 - 2:59pm | 695In September, the nation's largest rail unions began negotiating with rail companies to establish better schedules, more pay and paid sick time for its track maintenance workers. Now, four out of the 12 rail unions are yet to ratify the tentative agreements, as SMART - Transportation...