Author Topic: Biden administration announces $1.4 billion to improve rail safety and boost capacity  (Read 289 times)

0 Members and 1 Guest are viewing this topic.

Online mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 395,713
  • Let's Go Brandon!
Biden administration announces $1.4 billion to improve rail safety and boost capacity

The Biden administration has awarded $1.4 billion to projects improving railway safety and boosting rail capacity
ByThe Associated Press
September 25, 2023, 4:04 AM

WASHINGTON -- The Biden administration announced Monday that it has awarded more than $1.4 billion to projects that improve railway safety and boost capacity, with roughly $1 billion of the money coming from the 2021 infrastructure law.

“These projects will make American rail safer, more reliable, and more resilient, delivering tangible benefits to dozens of communities where railroads are located, and strengthening supply chains for the entire country," Transportation Secretary Pete Buttigieg said in a statement.

The money is funding 70 projects in 35 states and Washington, D.C. Railroad safety has become a key concern nationwide ever since a train carrying hazardous chemicals derailed and caught fire in East Palestine, Ohio, in February. President Joe Biden has ordered federal agencies to hold the train's operator Norfolk Southern accountable for the crash, but a package of proposed rail safety reforms has stalled in the Senate where the bill is still awaiting a vote. The White House is also saying that a possible government shutdown because of House Republicans would undermine railway safety.

more
https://abcnews.go.com/US/wireStory/biden-administration-announces-14-billion-improve-rail-safety-103458058
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline Drago

  • Hero Member
  • *****
  • Posts: 367
  • "Life is a Journey"
Giving away billions of taxpayer dollars to one of the highest profit margin industries in America...crazy stuff! 

https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/margin.html 

(Railroads net profit margin 27.65%...grocery stores 1.96%).