By Rep. Bill Shuster (R-PA)
The time has come to deregulate America’s passenger rail system. As high-speed trains around the world speed by, America remains stuck at the station. By focusing on projects that make sense, leveraging private-sector investment, increasing competition and opening the door to public-private partnerships, we can do more with less and finally take our nation in a new direction. It’s time for passenger rail to enjoy the same success deregulation brought the freight rail, commercial truck and airline industries.
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Transportation Chairman John Mica (R-Fla.) and I are preparing to unveil key initiatives that will remove the handcuffs that keep our passenger rail system chained to an inefficient and unproductive model. Several hearings in our committee over the past year have highlighted investors who are interested and ready to finance improvements to passenger rail if the government will get out of the way and allow the private sector to compete.
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