It is a fair question, and one we have debated for years.
That is a 50-percent change. That is not a small change, it is a huge assumption.
We have to deal with that problem.
I want to congratulate you on another Congress as Chairman of this Subcommittee.
At its core, the purpose of the tort system is to apportion responsibility and to allocate costs based on how each of us...
So as of now, this touted $250 billion cost is a number that means nothing, because it is just one side of the equation.
In terms of its costs, but it says nothing about its net benefits or net costs.
So in other words, even the cost figure is not a real cost figure, because it includes transfers.
Thank you, Mr. Chairman. Let me begin by thanking all concerned for holding this hearing.
What can the Federal Government do to help expand investment in rail?
That figure that I couldn't remember a moment ago is an 88-percent increase in demand by 2035.