Keep Railroads On Track

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The Freight Rail Infrastructure Capacity Expansion Act would give a substantial boost to new investment in our nation's freight rail infrastructure by offering a tax credit incentive to businesses that invest in projects that expand rail capacity. Examples of projects eligible for the credit include raising tunnel clearances to accommodate double-stacked containers, constructing new intermodal terminals, upgrading single track lines to double or triple track, etc.

Some powerful companies that are unhappy with their rail rates want to reregulate the railroads. They want to step 25 years backward to a time where the government decided rail rates and routes. This nearly bankrupted railroads the last time it was tried. If these companies get their way, rail capacity would shrink at a time the country needs more capacity, not less. It would force more freight onto our highways, which means more highway congestion, more pollution, more fuel consumption, and more dangerous highways.