Bad idea: Congress running a railroad

June 28, 2015

Ever since the deadly derailment of Amtrak’s Northeast Regional Train 188 in Philadelphia, some members of Congress have demanded to know why the nation’s railroads haven’t finished installing the high-tech equipment that might have prevented the crash.

They know why.

It’s because Congress ordered the railroads to install a complex and expensive technology and gave them a deadline, but no money. Now, the Federal Railroad Administration says it will fine the railroads $25,000 a day if they don’t have the equipment in place by the end of this year.

 

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