From Washington: Congress Quashes Rail Strike & Economic Trainwreck

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 3 December 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After fears of a potential rail union strike dominated Washington this week, the crisis was averted when Congress intervened using legislation to force a tentative labor agreement. On Friday, President Biden signed the bill into law, preventing what would've been an economic trainwreck. The move drew criticism as it forced labor unions to accept an agreement and hindered their ability to strike. FOX News Congressional Correspondent Chad Pergram breaks down the legislation used to end the disputes, French President Emmanuel Macron's visit to the United States, and tensions within the GOP majority as it prepares for the next Congress. As temperatures begin to drop, oil, propane, and fossil fuel prices are skyrocketing. Americans are wondering why the cost of natural gases is increasing, how they can be in such high demand and question whether our relationship with Russia is impacting our ability to stay warm inside. Senior Account Executive at The Price Futures Group Phil Flynn answers these questions and warns listeners to break out the heavy parkas and blankets as heating homes may break the bank this winter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:23.0	Off end September 20th, must be $18 plus without an active Disney Plus subscription.
0:26.4	Off to three months, auto venues are then current months in premium price of $10.99 until cancelled.
0:33.9	Saturday, December 3rd, 2022.
0:37.5	I'm Jared Halpern.
0:39.0	Congress steps in to prevent an economic train wreck caused by a rail labor dispute.
0:44.8	Our nation's rail system is literally the backbone of our supply chain, as you all well know,
0:49.1	and so much of what we rely on is delivered on our rail.
0:52.6	I'm Jessica Rosenthal.
0:54.1	Everything costs more these days, and that goes for heating our homes this winter,
0:58.7	as the cost of energy continues to climb with much of it coming down to supply and demand.
1:04.1	You know, if we get colder than normal winter, you know, your natural gas,
1:07.7	but Bill could be 50% or more than it was a year ago.
1:12.0	This is the Fox News rundown from Washington.
1:23.5	For much of his political career, President Biden was known as Amtrak Joe,
	...

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