Biden asks Congress to step in to prevent US rail strike

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President Biden calls on Congress to intervene urgently to prevent a strike by railroad workers that estimated cost would be more than $2 billion a day

US President Joe Biden on Monday called on Congress to intervene urgently to prevent a strike by railroad workers that he warned would "devastate our economy."

While noting his pro-union credentials, the Democratic party leader said there was no alternative to forcing through the contested deal, which covers wage increases and working conditions. Alluding to the crucial role played by trains in serving the continent-spanning country, Biden said a strike would mean that "communities could lose access to chemicals necessary to ensure clean drinking water. Farms and ranches across the country could be unable to feed their livestock."A dispute between workers and freight companies has been simmering for months. A strike was narrowly averted in September after Biden and his top aides intervened in marathon negotiations.

"I share workers' concern," he said, "but at this critical moment for our economy, in the holiday season, we cannot let our strongly held conviction for better outcomes for workers deny workers the benefits of the bargain they reached, and hurl this nation into a devastating rail freight shutdown."

Source: Financial Digest (financialdigest.net)

 

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