Statement by President Joe Biden on Tentative Railway Labor Agreement

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 

These rail workers will get better pay, improved working conditions, and peace of mind around their health care costs: all hard-earned. 

I thank the unions and rail companies for negotiating in good faith and reaching a tentative agreement that will keep our critical rail system working and avoid disruption of our economy. 

For the American people, the hard work done to reach this tentative agreement means that our economy can avert the significant damage any shutdown would have brought. 

With unemployment still near record lows and signs of progress in lowering costs, tonight’s agreement allows us to continue to fight for long term economic growth that finally works for working families. 

Biden says a tentative railway labor deal has been reached, averting a strike