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Rail News: Federal Legislation & Regulation

Sen. Sanders calls for $1 trillion investment in nation's infrastructure

U.S. Sen. Bernie Sanders (I-Vt.) yesterday introduced a bill that would allocate $1 trillion in federal funds to rebuild the nation's infrastructure, including rail systems.

The five year plan, dubbed "Rebuild America," is co-sponsored by Sen. Barbara Mikulski (D-Md.). The bill has been endorsed by the American Society of Civil Engineers and the AFL-CIO, Sanders said in a press release.

Rebuild America would employ 13 million people to handle a backlog of infrastructure projects, including work on transit, passenger- and freight-rail, and high-speed rail systems, and port improvements.

"For too many years, we've underfunded our nation's physical infrastructure," Sanders said "We must modernize our infrastructure and create millions of new jobs that will put people back to work and help the economy."

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More News from 1/28/2015