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RGF leads major coalition effort highlighting problems with Railway Safety Act

The Rio Grande Foundation, alongside the Washington-based Competitive Enterprise Institute have led a coalition letter (available here) of state-based and national free market organizations and leaders in expressing serious concerns about provisions contained in the “Railway Safety Act,” (S. 576) which is now moving through Congress.

Among the numerous issues with the bill is its arbitrary 2 person crew mandate;

A massive new regulatory burden (imposed absent any cost-benefit analysis) on movement of hazardous materials;

Enshrinement of mandates for trackside detectors and other technologies that locksĀ  a single technology into law. When government does this the public suffers as industry lacks the flexibility or incentive to pursue next-generation technologies.

Among the more than three dozen signatories of the letter are:

Hon. Kenneth “Ken” Cuccinelli II
Former VA Attorney General, Former Acting Deputy Secretary of Homeland Security

Steve Forbes
Chairman and Editor-in-Chief Forbes Media

David R. Henderson
Research Fellow
Hoover Institution, Stanford University