Biden Announces New Investments in Passenger Rail Projects
New York TimesNov 07, 2023
The Facts
Pres. Joe Biden on Monday in Delaware announced more than $16B in federal investment in rail travel along Amtrak’s Northeast Corridor of the US.
The funding comes from the president’s 2021 infrastructure law, which promised more than $66B for passenger rail investment.
The Spin
Democratic narrative
The president is continuing to fulfill the promises he made to improve the country and grow the economy. Recent polling that shows him trailing former Pres. Donald Trump focused mostly on the economy, so Biden is going to continue showing the public how much his administration is accomplishing in that realm while Republicans attempt to cut crucial funding for vital projects.
Republican narrative
This funding is another Democratic handout to a company that’s never turned a profit and probably never will. This money will probably land in the hands of Biden’s union lackeys, who still get paid large salaries at Amtrak despite the company always being in the red. Democrats never stop foolishly spending taxpayer money.
Nerd narrative
There’s a 43% chance that Trump would defeat Biden if they face-off in the 2024 presidential election, according to the Metaculus prediction community.
