On the recordSeptember 14, 2022
I seek recognition to speak on the same matter that Senator Burr has raised and will raise on the unanimous consent request. Think of the economy right now, Mr. President. Inflation is at 8.3 percent or higher, our GDP is shrinking, and supply chains have not recovered from the pandemic. The last thing we need is a shutdown of this Nation's rail service, both passenger and freight. Yet that is what we are facing in less than a day and a half from this moment: a massive rail strike that will virtually shut down our economy. Now, this didn't have to happen, but I will tell you, it has been going on since 2019. So we are in our third year of this matter. There has been negotiation among the rails, some 37 companies--including 7 major freight carriers--and 12 unions. They reached an impasse. So, pursuant to statute, the President of the United States, President Joe Biden, appointed a PEB, a Presidential Emergency Board, to help resolve this issue. They brought the parties together and have worked with the suggestions from both sides--both labor and management--and come up with their recommendation, which the President of the United States has endorsed in full. We are now at the point where we are asking both labor and management to agree to this recommendation of the PEB. One hundred percent of management has agreed to this recommendation of the Biden-appointed Presidential Emergency Board. Of the 12 unions, 8 of the unions have agreed.…
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