Thursday, December 1, 2022

Lex Anteinternet: Subsidiarity Economics. The times more or less loc...

Lex Anteinternet: Subsidiarity Economics. The times more or less loc...:December 1, cont:

Statement from President Joe Biden on Congressional Action to Avert a Rail Shutdown

On Tuesday, I met with Congressional leaders from both parties and told them that Congress needed to move quickly to avert a rail shutdown and economic catastrophe for our nation. Now, I want to thank Congressional leadership who supported the bill and the overwhelming majority of Senators and Representatives in both parties who voted to avert a rail shutdown. Congress’ decisive action ensures that we will avoid the impending, devastating economic consequences for workers, families, and communities across the country. Communities will maintain access to clean drinking water. Farmers and ranchers will continue to be able to bring food to market and feed their livestock. And hundreds of thousands of Americans in a number of industries will keep their jobs. I will sign the bill into law as soon as Congress sends it to my desk.

Working together, we have spared this country a Christmas catastrophe in our grocery stores, in our workplaces, and in our communities.

I know that many in Congress shared my reluctance to override the union ratification procedures. But in this case, the consequences of a shutdown were just too great for working families all across the country. And, the agreement will raise workers’ wages by 24%, increase health care benefits, and preserve two person crews.

I have long been a supporter of paid sick leave for workers in all industries – not just the rail industry – and my fight for that critical benefit continues.

This week’s bipartisan action pulls our economy back from the brink of a devastating shutdown that would have hurt millions of families and union workers in countless industries. Our economy is growing and inflation is moderating, and this rail agreement will continue our progress to build an economy from the bottom up and middle out.

Lex Anteinternet: Subsidiarity Economics. The times more or less locally, Part XI. The Waiting for a Train Edition

Lex Anteinternet: Subsidiarity Economics. The times more or less loc...

Subsidiarity Economics. The times more or less locally, Part XI. The Waiting for a Train Edition

December 1, 2022

The House of Representatives voted to impose the results of negotiations between railroad companies and unions that were reached last September, but rejected subsequently by the four of the twelve unions that were involved.

An agreement had been reached which featured a 24% pay increase, but it omitted an increase in paid sick leave.  Existing sick leave is apparently very limited, one or two days, and the railroads did not budge on this.

For this reason, the House passed a separate bill that also increased the paid sick leave to seven days.  So two bills go on to the Senate.  It's clear at least one will pass, it'll be interesting to see if they both do.

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