Railroad Stimulus

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Gilbert B Norman
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Joined: Fri Mar 12, 2004 6:52 am
Location: Clarendon Hills, IL (BNSF Chicago Sub; MP 18.71)

Railroad Stimulus

Post by Gilbert B Norman »

The Wall Street Journal reports "Amtrak got its B":
National passenger railroad Amtrak secured about $1 billion to cover revenue losses related to the coronavirus. The railroad industry won enhanced unemployment benefits that account for its workers not being covered under traditional state-run unemployment programs. Railroad workers instead receive unemployment benefits under a program administered by the Railroad Retirement Board. The bill removes a seven-day waiting period to collect unemployment and provides $50 million to cover the benefits tied to that waiver. It also provides $425 million to double biweekly unemployment payments to $1,200 through July. —Paul Ziobro

From the caption, it appears the industry as a whole only got liberalized RRUI benefits for its displaced employees - nothing when compared with the airlines and Boeing.

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