U.S. Chamber Calls on Congress Again to Prevent a Railroad Strike
From the U.S. Chamber of Commerce
Congress must act to prevent a railroad strike, or the economy will face a dire threat in the middle of the holiday season.
A national rail shutdown would have enormous impacts on the economy, costing more than $2 billion per day. It would freeze the flow of goods, empty shelves, shutter workplaces, and raise prices for families and businesses.
In September, President Biden struck a deal with the leadership of the 12 railroad unions and railroads to avert a strike. But now four unions are going back on their word by forcing a national rail strike.
The Chamber sent a letter to Congress in September, explaining that it should intervene like it did in 1982 and 1986.
“Congress must now impose the deal President Biden negotiated, and the railroads and union leadership agreed to,” said Chamber President and CEO Suzanne P. Clark. “If Congress fails to do so, a rail strike would substantially exacerbate inflation and the economic challenges Americans are facing today."