Coalition urges President Trump to prioritize the Northeast Corridor in infrastructure planning

RELATED TOPICS: POLITICS | NORTHEAST | AMTRAK
Trains Industry Newsletter
Get a weekly roundup of the industry news you need.
By signing up you may also receive occasional reader surveys and special offers from Trains magazine. View our privacy policy.
PresidentTrumpOfficialPortrait620x620
President Donald Trump
The White House
WASHINGTON — A coalition of business, industry, and financial companies are urging President Donald Trump to place the Northeast Corridor on top of his infrastructure priorities list in a Friday letter. Trump is expected to announce his planned initiatives to the public Feb. 12.

“You have already demonstrated a commitment to the American business community by championing policies designed to stimulate growth and economic prosperity,” wrote CNEC Executive Director Michael Friedberg in the letter sent today. “As you consider opportunities to further strengthen the economy, there is no better place to start than by committing federal funds, support and resources to the NEC’s infrastructure.”

During the 2016 presidential campaign, Trump pledged to spend $1 trillion on U.S. infrastructure. In a recent speech to Congress, the president said he wanted the country to spend as much as $1.5 trillion. Both on the campaign trail and in office, however, Trump has demurred on naming specific projects or proposals that should be funded.

“The deteriorating conditions along the NEC’s rail infrastructure are a threat to the long-term health of the economy,” the letter argued. “The U.S. lost more than $500 million in productivity last year alone as a result of service disruptions and other delays along the rail line. These figures will only worsen each year as increased demands are placed on the system and the costs to bring the network into a ‘state of good repair’ will continue to balloon beyond the currently projected $52 billion over the next 20 years.”

More information on the organization is available online.

NEWSWIRETrains News Wire

  • Previous Day
  • February 09, 2018
  • Next Day
Leave a Comment
Want to leave a comment?
Only registered members of TrainsMag.com are allowed to leave comments. Registration is FREE and only takes a couple minutes.

Login or Register now.
Please keep your feedback on-topic and respectful. Trains staffers reserve the right to edit or delete any comments.
0 COMMENTS
Winter on the Rails

Winter on the Rails

Railroading to the arctic.

SEE INSIDE THIS ISSUE

Learn more about the stories and photos in this months issue

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy
Subscribe Up To 54% off the newsstand price!
Subscribe To Trains Mag Today
+