OneRail Coalition Releases Letter to Super Committee Supporting Rail Investment

The OneRail Coalition has released a letter to the Joint Select Committee on Deficit Reduction (the Super Committee) urging the Committee to embrace this opportunity to stabilize America's public finances and spur economic growth by continuing to invest in our nation’s infrastructure.

The letter points out that the U.S. has fallen well behind America's global economic competitors such China, India, and Europe in infrastructure investment as a percentage of GDP, which could have serious repercussion on future economic growth in America.

The letter also notes that other major American business, industry, labor, and government groups such as the U.S. Chamber of Commerce, the AFL‐CIO, the American Society of Civil Engineers, the U.S. Conference of Mayors, and the National Governors Association, in addition to government commissions including the National Surface Transportation Policy and Revenue Study Commission and the Simpson‐Bowles Deficit Commission, have all determined that we must maintain and improve our infrastructure system to ignite economic growth, improve our global competitiveness, and make it easier for businesses to create jobs.

"Investment in rail transportation infrastructure will increase economic growth and create jobs in America. Rail is safe, productive, efficient, environmentally sustainable, and promotes energy independence. This investment will spur both near-term and long-term economic recovery and is crucial to ensuring America's economic prosperity."

To read the full letter to the Super Committee, please click on the link below.

Attachment: 

OneRail Coalition Letter to Joint Select Committee on Deficit Reduction