Rail Strike Averted As President Biden Signs Bill Enforcing Agreement
December 2, 2022 9:15AM PST
Credit: MGN
WASHINGTON (AP) – President Joe Biden has signed a bill to avert a freight rail strike that he said could have plunged the U.S. into recession.
Mr. Biden signed the measure Friday after it was approved Thursday by the Senate and Wednesday by the House.
It binds rail companies and workers to a proposed settlement that was reached between the rail companies and union leaders in September.
Members in four of the 12 unions involved rejected the proposed contract, creating the risk of a strike beginning Dec. 9 that the government has likely staved off with the bill signing.
The president has said that a strike would have sunk the U.S. economy.
More about:
