08/05/1976
https://www.presidency.ucsb.edu...
"This act will help assure a strong and healthy future for our Nation's railroads and the men and women who work for them."
"It is my expectation that these Federal funds be directed to the maximum extent possible at rail restructuring projects."
"It will be a major boost for the revitalization of the American economy."
"Today I take great pleasure in signing the Staggers Rail Act of 1980."