
Committee Republican Leaders Oppose Re-Regulation of Rail Industry
WASHINGTON — Republican Members of the House Transportation and Infrastructure Committee warned that re-regulation of the nation’s successful railroad industry could spell a return to a highly inefficient “Soviet-style” rail system that eliminates private investment and relies primarily on government subsidies. The Committee conducted a hearing Sept. 25 on rail competition and service. “Thirty years ago, our nation’s rail system was literally falling apart,” said U.S. Rep. John L. Mica, R-Fla., Transportation and Infrastructure Committee Republican Leader. “Twenty-five percent of the system had to be operated at reduced speed due to dangerous track conditions. More rail lines were bankrupt than in the