President Joe Biden on Monday urged Congress to pass legislation to immediately adopt the tentative agreement between railroad workers and operators in an effort to avert a “potentially crippling national rail shutdown” that is set to start in less than two weeks.
A potential strike on Dec. 9 could bring rail travel to a standstill while impacting the U.S. supply chain and inflicting billions of dollars in economic damage, officials have warned.
An analysis by the Association of American Railroads (pdf) published in September said such a strike could cost the U.S. economy more than $2 billion every day at a time when inflation is already soaring….