Congress close to extension on train safety deadline: aides

By David Morgan WASHINGTON (Reuters) – The U.S. House and Senate are “very close” to reaching bipartisan agreement to extend the Dec. 31 federal deadline for passenger and freight railroads to implement new safety technology for avoiding major accidents, an aide said on Friday. A Senate aide also acknowledged that bipartisan discussions were making progress. Most U.S. railroads are expected to miss the Dec. 31 deadline for adopting the technology, which Congress imposed in 2008, and have threatened to suspend freight and passenger service on major lines after Jan. 1, 2016, if lawmakers fail to grant an extension. …read more

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