Page 135 - Rail Workers News Today

Year. thats going to be an interesting narrative as we get to next year. >> its good to see you in person. thank you so much. a big fan of yours. i appreciate your time. president biden is expected to sign a bill that would avert a potentially disastrous rail strike. it adopts an agreement the white house negotiated between labor leaders in september. the senate passed the measure last night, but another piece of legislation that would have guaranteed rail workers seven days of paid suck leave...

Themselves, would have been put out of work for the first time and -- excuse me, within the first two weeks of the strike alone. communities would have lost access to chemicals necessary to ensure clean drinking water, farms and ranches across the country would have been unable to need their livestock. and thanks to the bill that congress passed, we spared the country of that catastrophe. we assured workers are going to get a 24% wage increase over the next five years, improve working conditions...

>> i want to ask it about this l deal that passed. it moved forward without paid sick leave for rail workers. that was a major sticking point. you and president biden, you both made it clear that you think that every worker deserves that paid sick leave. but how do you get that done now? >> well, i was disappointed that the republicans in the senate didnt give us the votes to get that done. we got it done in the house, seven paid sick leave days. thats common sense. we new need to have a vote on...

Paid sick love, not just for rail workers and every worker in america. is a goal hi in the beginning and im come back at it. so, but good morning. the bill im about to sign ends a difficult rail dispute and helps our nation avoid without what a detroit wofr been an economic catastrophe as a bat time in the calendar. our nations rail system is litly the backbone of our supply chain and so much of what we rely on is delivered on our rail. from clean water to food and gas and every other good. rail...

Message was today. and then to tie it into the fact that they believe that they saw a crisis coming with this pending rail strike and were able to put together the team to negotiate an imperfect deal, but a deal nonetheless that provides these rail workers with an increase in wages, a one-time bonus, some other protections. you heard the president a number of times there reference that hes not satisfied with everything because there are workers in this package who do not get the paid sick leave ...

A real disaster and ended up with a good product. we still have more work to do in my view in terms of ultimately getting paid sick leave, not just for rail workers, but for every worker in america. that is a goal i had in the beginning and im coming back at it. so good morning. the bill im about to sign ends a difficult rail dispute and helps our nation avoid what would have been an economic catastrophe at a very bad time on the calendar. our nations rail system is literally the backbone of our...

That president biden took a victory lap signing the legislation to avert a nationwide railroad strike and it could have cost our economy some $2 billion per day had that happened. critics on both sides of the political aisle, though, dont like the deal. and i repeat they gave it just one day, one day of paid sick leave for rail workers. the president today patted himself on the back with both hands. can you do that? >> president biden: thanks to the bill congress passed and what im about to sign...

Have paid sick leave. but these rail workers and every worker in america deserves. that fight isnt over. i didnt commit we would stop just because we couldnt get it in this bill that we werent going to stop fighting for it. i have supported paid sick leave for a long time. i will continue that fight until we succeed. i want to thank congress, democrats and republicans, for acting so quickly. i know this was a tough vote for members of both parties. it was tough for me but it was the right thing ...

Fighting for the middle majority. >> harris: he didnt tell the whole party that. he told it to two people who wouldnt vote yes on his big spending. >> he is a politician that can get things done and a diplomat when america is craving that. >> harris: there is no way he didnt know the student loan thing would pass muster. no way he didnt know. now he is saying to the rail workers i couldnt get you that leave as part of the strike deal and you have one day of it. ill get you more later. i guess yo...

Now. more people, more jobs making more money. thats good for the economy but it means the fed needs to keep raising rates to reduce the amount of cash in the system and tap the brakes further. they arent working as well as predicted. for that reason, the threat of inflation looms very large. the fed may have to remain vigilant when it comes to continuing interest rate hikes. until things slow down, that will be the pace. you also mentioned before, the rail strike. the aversion of it with the si...