If a work stoppage occurs, it would cost the economy an estimated $2 billion per day, decimate an already-fragile supply chain during the holiday shopping season, and cause shortages that would drive prices up further as inflation continues to rage. It would also halt Amtrak and other commuter rail services, disrupting up to 7 million travelers daily, according to the groups.
The coalition said Congress should not wait until the deadline hits to act, because disruptions could start to kick in days before – just as they did a few months ago when the Biden administration stepped in to negotiate a last-minute agreement to avoid a strike prior to the midterm elections."In September, the mere possibility of a rail service stoppage created significant disruptions to the timely delivery of critical goods and products," the letter reads.
A rail employee works a Union Pacific Intermodal Terminal rail yard on Nov. 21, 2022, in Los Angeles, California. The tentative agreement brokered by the Biden administration in September would provide rail workers a 24% wage increase during the five-year period from 2020 through 2024, with thousands of dollars in sign-on bonuses. But union rail workers opposed to the deal are unhappy that it does not do more to address quality-of-life issues, particularly aAll 12 unions involved in negotiations must ratify their new agreements to avert a potential work stoppage.
24% raise, but they don't get sick time, poor baby!
I thought president Biden had taken care of the strike.
Let’s see if the party of unions helps the unions or the big business. My guess it’s big business that wins the day
Don’t worry Biden has already taken care of the problem. That is what he said, in the press conference.
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