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Aug
12
2009
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Spending on U.S. rail seen stuck at the station |
CHICAGO (Reuters) – ANALYSIS – Major U.S. freight railroads and their advocates have argued for years that government investment is needed in the country’s rail system to take freight off congested highways and keep the economy moving.
But supporters say rail investments have been largely ignored by Congress, suggesting political support is lacking, despite warnings action must be taken sooner rather than later.
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Tagged: analysis, economy, politics, transportation