President Joe Biden said in a statement on Thursday that a tentative agreement has been reached to avert a railway workers strike.
The labor dispute had threatened to shut down much of the country’s rail system by midnight Friday if a deal had not been reached.
“The tentative agreement reached tonight is an important win for our economy and the American people. It is a win for tens of thousands of rail workers who worked tirelessly through the pandemic to ensure that America’s families and communities got deliveries of what have kept us going during these difficult years,” Biden said in a statement.
“These rail workers will get better pay, improved working conditions, and peace of mind around their health care costs: all hard-earned. The agreement is also a victory for railway companies who will be able to retain and recruit more workers for an industry that will continue to be part of the backbone of the American economy for decades to come,” the president’s statement continued.
This is a developing story and will be updated
