Federal government hands out $2.4 billion for 122 railroad projects nationwide

[BumRushDaShow]

Source: ABC News/AP

October 29, 2024, 3:26 PM


OMAHA, Neb. -- The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads.

The grants announced Tuesday by the Federal Railroad Administration will go to projects across 41 states and Washington, D.C. Most of the money will go to track and bridge upgrades. But some of the grants will be used to bolster training and explore cleaner-burning alternatives to the diesel railroads have long relied on. Some small railroads will also get help upgrading to more efficient locomotives.

Much of the money comes from the 2021 infrastructure law that President Joe Biden championed. Last year, the administration handed out $1.4 billion in these rail grants.

"Each project advances a future where our supply chains are stronger, passenger rail more accessible, and freight movement safer and more efficient,” Transportation Secretary Pete Buttigieg said in a statement.

Read more: https://abcnews.go.com/Business/wireStory/federal-government-hands-24-billion-122-railroad-projects-115276433

---

Link to Department of Transportation PRESS RELEASE - INVESTING IN AMERICA: Biden-Harris Administration Announces $2.4 Billion in New Rail Projects to Improve Safety, Strengthen Supply Chains and Grow America’s Freight and Passenger Rail Networks

[Puppyjive]

1. Corporate welfare

The CEO's of the larger railroads are making bank while screwing the workers. They continue to screw these men out of time off. They work them into the ground. Their trains are ticking time bombs going thru our communities. Why?

[Hekate]

2. With Pete Buttigieg as Sec. of Transportation & Pres.Joe Biden, daily commuter for decades...

…do you really think your bitter comment will be true?

[Puppyjive]

3. Yes

Generations of my family have worked for the railroad including me. My son works for them now. Nothing ever changes. But go ahead and call me stupid. I have broad shoulders.

[Dumpy]

5. Union Pacific is making good money.

"2024 third quarter net income of $1.7 billion"

https://investor.unionpacific.com/static-files/d69284e3-eb13-4cfd-9912-06cffa9296fb

[radical noodle]

6. My father, uncle and father-in-law worked for railroads

None of them were worked into the ground and made a nice middle class living.

[Hermit-The-Prog]

4. Infrastructure -- Greedy Oligarch Party ignores it; Prez Joe Biden rebuilds it.