So the final analysis, even if, under the best case scenario, the Government was flush with money and every private rail company were flush with money, it would take multiple billions of dollars and many years to get from where we are to where we want to be on Positive Train Control across the Nation on every line. Is that a fair assessment?
Capuano emphasizes the extensive costs and time needed for nationwide Positive Train Control implementation.
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I am hoping and wondering--have you spoken to either your attorneys or your insurers as to what will happen come January of next year if you have done what you are supposed to do on your track, and somebody else wants to run a train that…
the litany of people in this current Administration and their beliefs really proves beyond a shadow of a doubt, in case anybody wonders, that elections have consequences.
But as we talked about earlier, some degree of equitable distribution of the benefits of a good economy is your job.
I think it is important for us all to understand that we are talking about something that has a huge benefit to those of us that live in rural populations and, again, benefits the urban centers so they can get across those rural areas.
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