reviving the u.s. rail and transit industry: investments and job creation

7/31/2019 Reviving the U.S. Rail and Transit Industry: Investments and Job Creation

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\n}k}ka` xbn^!Y! \gkc gah X|gaykx Kah~yx|{Ka}nyxjnaxy gah Odl I|ngxkda

Odga Mkxz`n|gch Ckyg @|gaw~kyx Kybpg| Fbgxkpghg

Odn JiCg~`bcka Jkibgnc \naan| Gah|np Y~j

\n}k}ka` xbn^!Y! \gkc gah X|gaykx Kah~yx|{Ka}nyxjnaxy gah Odl I|ngxkda


2/40

\n}k}ka` xbn^!Y! \gkc gah X|gaykx Kah~y

Ka}nyxjnaxy gah Odl I|ngxkdOdga Mkxz`n|gchCkyg @|gaw~kyx

Kybpg| FbgxkpghgOdn JiCg~`bckaJkibgnc \naan|

Gah|np Y~j

Ynuxnjln|


3/40

5 un|inax |ni{icnh# 95 un|inaxudyx*iday~jn| pgyxn# u|dinyy ibcd|kan m|nn!

Xbn }knpy nru|nyynh g|n xbdyn dm xbn g~xbd|y gah hd adxaninyyg|kc{ |nu|nynax xbdyn dm Ad|xbngyxn|a ^ak}n|ykx{!

Nhkxd|? Ckyg Jgyxa{

Hnyk`an|? C{cn \dyldxbgj

< \N]K]KA@ XBN ^!Y! \GKC GAHX\GAYKX KAH^YX\[? KA]NYXJNAXY GAH ODL I\NGX


4/40

Xglcn dm Idaxnaxy

Y~jjg|{ ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !;

Ckafka` ^!Y! Jga~mgix~|ka` gah X|gayud|xgxkda ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !77

^!Y! \gkc gah X|gaykx Xdhg{ ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !79

Yinag|kdy md| ^!Y! \gkc gah X|gaykx Ka}nyxjnax ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !70

Yinag|kdy md| ^!Y! \gkc gah X|gaykx Njucd{jnax ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !Un|inax Ibga`n# 7;;9Mk`~|n 9! ^!Y! Mnhn|gc Yunahka` da X|gayud|x Kam|gyx|~ix~|n# 7;>=Xglcn 9! ^!Y! Jgyy X|gaykx M~ahka`# Xdxgc }n|y~y Mnhn|gc Ybg|n# 7;;5 gah


5/40

Xglcn 75! ^!Y! Gaa~gc ^|lga X|gaykx Igukxgc Yunahka`? G Y~jjg|{ dm xbn Xb|nn Yinag|kdy

Xglcn 78! Nyxkjgxnh Hkyx|kl~xkda dm Nrunahkx~|ny Gi|dyy xbn Mk}n ^!Y! L~y Jga~mgix~gah I~jjkay# ^ahn| xbn Xb|nn Ka}nyxjnax Yinag|kdy ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !

Xglcn 7>! Njucd{jnax Kjugixy dm Anp ^!Y! L~y U~|ibgyny# ^ahn| xbn Xb|nnKa}nyxjnax Yinag|kdy ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !


6/40

>Gifadpcnh`jnaxy $ Gld~x xbn G~xbd|y

Gifadpcnh`jnaxy

Xbn g~xbd|y g|n `|gxnm~c xd jga{ kahk}kh~gcy pbd u|d}khnh lgif`|d~ah kamd|jgxkda md| xbky |nud|x! Fn{ gjda`xbnj g|n Jkibgnc H~fgfky "Ad|xbngyxn|a âk}n|ykx{+# \dln|x Uggypncc "Ikx{ âk}n|ykx{ dm Anp [d|f+# gah Odagxbga Mnchjga "Yxdifbdcj âk}n|ykx{+! Pn xbgaf yn}n|gc kahk}kh~gcy md| u|d}khka` idjjnaxy da xbn jga~*yi|kux gah bncuka` xd ybgun xbn |nyng|ib? Jgxx Jg{|c# Igxb{ Igcmd# gah Jgi C{aib "Gudccd Gcckgain+6 Jkibgnc\naan| "Pd|chpgxibKayxkx~xn+6 gah Jg|i{ Cdpn "H~fn âk}n|ykx{y Inaxn| da @cdlgckzgxkda# @d}n|again - Idj*unxkxk}nanyy+! Xbky |nud|x pd~ch adx bg}n lnna udyyklcn pkxbd~x xbnk| idayx|~ixk}n i|kxkw~ny gah `~khgain dm xbn

cg| n| u|donix!Pd|chpgxib Kayxkx~xn Ynakd| Nhkxd| Ckyg Jgyxa{# Jg|fnxka Hk|nixd|Ugx|kikg Yb{an# gah kahnunahnaxhnykàn| C{cn \dyldxbgj `~khnh xbky |nud|x m|dj jga~yi|kux xd udckybnh mkagc u|dh~ix! Ybnkcg Ugcjg# Bngxbn|Ynck`jga#gahFgxbcnna Ykjjday u|d}khnh ghjkakyx|gxk}n y~uud|x gx Ad|xbngyxn|a âk}n|ykx{! Xbn |nud|x pgy jghnudyyklcn l{ xbn mkagaikgc y~uud|x dm xbn \difnmnccn| Md~ahgxkda gah xbn Y~|hag Md~ahgxkda!

Gld~x xbn G~xbd|y

Odga Mkxz`n|gch ky u|dmnyyd| gah hk|nixd| dm xbn `|gh~gxn u|d`|gj ka Cgp# Udcki{ gah Ydiknx{ gah g Ynakd| \nyng|ibMnccdp gx xbn Fkxx{ gah Jkibgnc H~fgfky Inaxn| md| ^|lga gah \n`kdagc Udcki{ gx Ad|xbngyxn|a âk}n|ykx{! Bn|xbk|h lddf#Njn|gch Ikxkny? ^|lga Y~yxgkaglkckx{ gah Nidadjki Hn}ncdujnax # nrgjkany bdp ikxkny g|n i|ngxka` nid*adjki hn}ncdujnax duud|x~akxkny ka yn}n|gc `|nna ynixd|y gah hkyi~yyny xbn yxgxn gah agxkdagc udcki{ annhnh xdy~uud|x xbnyn nmmd|xy!Njn|gch Ikxkny l~kchy da bn|


7/40

= \N]K]KA@ XBN ^!Y! \GKC GAHX\GAYKX KAH^YX\[? KA]NYXJNAXY GAH ODL I\NGX

Odynub JiCg~`bcka ky g Ynakd| \nyng|ib Gyydikgxn gx xbn Inaxn| md| Cgld| Jg|fnx Yx~hkny gx Ad|xbn}n|ykx{! Bn bgy pd|fnh da a~jn|d~y {d~xb cgld| jg|fnx |nyng|ib gah u|d`|gj n}gc~gxkday kaic~hka` g cdahkagc x|gifka` yx~h{ dm xbn idccn`n un|ykyxnain |gxny gah idccn`n `|gh~gxkda |gxny dm `|gh~gxny m|dYibddcy Icgyy dm


8/40

0Xbn GudccdX|gayud|xgxkda Jga~mgix~|ka Kakxkgxk}n

Xbn Gudccd X|gayud|xgxkda Jga~mgix~|ka` Kakxkgxk}n

Pkxb y~uud|x m|dj xbn \difnmnccn| gah Y~|hag Md~ahgxkday# xbn Gudccd Gcckgain ug|xan|nh pkxb Ad|xb*ngyxn|a âk}n|ykx{# xbn Pd|chpgxib Kayxkx~xn# gah xbn H~fn âk}n|ykx{ Inaxn| da @cdlgckzgxkda# @d}*n|again - Idjunxkxk}nanyy xd idah~ix |nyng|ib# na`g`n yxgfnbdchn|y# gah hn}ncdu udcki{ |nidjjnahgxkday xd kamd|j xbn njn|`nain dm g idju|nbnayk}n yx|gxn`{ xd i|ngxn `ddh Gjn|kiga odlyl{ ldcyxn|ka` xbn hdjnyxki jga~mgix~|n dm gh}gainh |gkc gah x|gaykx }nbkicny y{yxnjy gah idjudanaxug|xy! D}n| xbn id~|yn dm yxgxny xbgx g|n i~||naxc{ u|dh~ika` |gkc}nbkicny d| idjudanax ug|xy! Pbkcn hdjnyxki jga~mgix~|n|y nrkyx ka jga{ dm xbn kah~yx|{ y~lynixd|y# xbn^!Y! y~uuc{ ibgka bgy yn}n|gc `guy# gah jga{ bk`bn|*}gc~n ghhnh gixk}kxkny g|n yxkcc un|md|jnh gl|dgh! Xbn^!Y! ugyyna`n| gah x|gaykx |gkc y~uuc{ ibgka i~||naxc{ y~uud|xy lnxpnna 75#555 gah 78#555 njucd{nny#a~jln|y xbgx id~ch `|dp pkxb yigcnh*~u ^!Y! ka}nyxjnaxy ka u~lcki x|gaykx gah kaxn|ikx{ |gkc!

@cdlgc Idjunxkxk}nanyy ka xbn \gkc gah X|gaykx Kah~yx|{ # Pd|chpgxib Kayxkx~xn

Xd kamd|j da`dka` hkyi~yykday gx xbn ^!Y! mnhn|gc# yxgxn# gah cdigc cn}ncy |n`g|hka` u~lcki ka}nyxjnaxy ka |gkcgah ~|lga x|gaykx# xbn Pd|chpgxib Kayxkx~xn gagc{znh `cdlgc |gkc kah~yx|{ x|nahy gah u|dmkcnh md~| id~ax|kny@n|jga{# Yugka# Oguga# gah Ibkagxbgx bg}n jghn jgod| idjjkxjnaxy xd u~lcki x|gayud|xgxkda gahxbgx dmmn| kjud|xgax cnyyday md| xbn âkxnh Yxgxny! Xbn |nud|x mkahy xbgx gx cngyx bgcm g jkcckda unducn ka xdxgcg|n hk|nixc{ njucd{nh ka |gkc }nbkicn jga~mgix~|ka` ka xbnyn id~ax|kny! Xbn i|ngxkda dm yx|da` |gkc jga~mgi*x~|ka` kah~yx|kny bgy hnunahnh xd g ykàkmkigax hn`|nn da yxngh{ hdjnyxki jg|fnxy md| xbnyn u|dh~ixy# h|k}nal{ y~lyxgaxkgc gah y~yxgkanh ka}nyxjnaxy ka |gkc gah x|gaykx kam|gyx|~ix~|n!

\n}k}ka` xbn ^!Y! \gkc gah X|gaykx Kah~yx|{? Ka}nyxjnaxy gah Odl I|ngxkda #Ad|xbngyxn|a âk}n|ykx{ - Pd|chpgxib Kayxkx~xn

Ad|xbngyxn|a ak}n|ykx{ gah xbn Pd|chpgxib Kayxkx~xn nyxkjgxnh udxnaxkgc jga~mgix~|ka` odl i|ngxkda ka xbnx|gaykx l~y gah ugyyna`n| |gkcig| y~uuc{ ibgkay ~ahn| hkmmn|nax yinag|kdy dm mnhn|gc ka}nyxjnax? xbn i~||naxm~ahka` cn}ncy# kai|ngynh hdjnyxki ka}nyxjnax# gah kaxn|agxkdagc idjug|gxk}n ka}nyxjnax! L~kchka` da xbny~uuc{ ibgka gagc{yny idah~ixnh l{ H~fn âk}n|ykx{# xbn yx~h{ mkahy xbgx xbn âkxnh Yxgxny id~ch `gka d}n|0;#555 odly ka |gkc gah l~y jga~mgix~|ka` gah |ncgxnh kah~yx|kny km u~lcki x|gaykx pn|n m~ahnh gx g cn}nc xbgx pd~ch hd~lcn x|gaykx |khn|ybku ka


9/40

ka x|gaykx gy Ibkag hdny! Njucd{jnax `gkay gi|dyy ldxb |gkc gah l~y y~uuc{ ibgkay id~ch kai|ngyn95 un|inax km yx|da`n| hdjnyxki y~uuc{ ibgkay gccdpnh md| `|ngxn| hdjnyxki idaxnax! Xbn g~xbd|xbgx xbn ^akxnh Yxgxny annhy g jd|n idbn|nax kah~yx|kgc udcki{ xd ckaf u~lcki x|gayud|xgxkda x~|ka` `dgcy!

Jgfn Kx ka Gjn|kig? Xbn Gudccd Icnga X|gayud|xgxkda Jga~mgix~|ka` Gixkda Ucga # Gudccd Gcckgain

Lgynh da xbn y~iinyym~c @|nnaJGU kakxkgxk}n# pbkib hn}ncdunh g idju|nbnayk}n yx|gxn`{ md|

^!Y! icnga nan|`{ jga~mgix~|ka` ynixd|# xbn Gudccd Gcckgain ida}nanh g hk}n|yn ynx dm udckxkn|y# kaic~hka` cgld| gah l~ykanyy cnghn|y# x|gayud|xgxkda# nidadjki hn}ncdujnax# gah na}k|dajnki{ nrun|xy# xd khnaxkm{ xbn udcki{ annhnh xd nrugah xbn hdjnyxki jga~mgix~|n dm gh}gainh l~y y{yxnjy# icnga m|nk`bx xnibadcd`kny# gah xbnk| idjudanax ug|xy! Xbn |ny~cxka` udcki{ |nidjjnahgmd| nrugahnh ka}nyxjnax ka icnga x|gayud|xgxkda duxkday gah md| g idju|nbnayk}n jga~mgix~|kaxd i|ngxn `ddh Gjn|kiga odly l{ u|d}khka` xbn y~uud|xy annhnh xd nay~|n xbgx nrugahnh hnjgahgh}gainh x|gayud|xgxkda y{yxnj ky jnx l{ ^!Y! jga~mgix~|n|y!

Md| idukny dm xbn |nud|xy gah jd|n kamd|jgxkda gld~x xbn Gudccd X|gayud|xgxkda Jga~mgix~}kykx ppp!gudccdgcckgain!d|`$u|d`|gjy$xjgu!

2 \N]K]KA@ XBN ^!Y! \GKC GAHX\GAYKX KAH^YX\[? KA]NYXJNAXY GAH ODL I\NGX


10/40

Y~jjg|{

Pkxb xbn mnhn|gc x|gayud|xgxkda lkcc ~u md| |nanpgc# xbn akxnh Yxgxny bgy ga duud|x~akx{ xd ka}nyx ka u~lcki x|gay*ud|xgxkda gah |nanp kxy jga~mgix~|ka` lgyn! Xbky |nud|x |n}ngcy xbgx xbn id~ax|{ id~ch `gka jd|n xbga 0;#555 odly ka |gkc gah l~y jga~mgix~|ka` gah |ncgxnh kah~yx|kny ~ahn| ga ka}nyxjnax yinag|kd y~mmkiknax xd hd~lcn x|ga*ykx |khn|ybku ka


11/40


odly pbkcn bncuka` xd |nh~in ~|lga x|gmmki ida`nyxkda gah `|nnabd~yn `gy njkyykday ka xbn agxkdayXbky |nud|x ~yny xb|nn yinag|kdy xd nyxkjgxn xbn odl i|ngxkda udxnaxkgc m|dj kai|ngynh mnhn|gc k

gah x|gaykx! G L~ykanyy*gy*^y~gc yinag|kd pd~ch ka}nyx (

Xbn L~ykanyy*gy*^y~gc yinag|kd {knchy 98#>=9 odly ka ^!Y! |gkc ig| gah l~y jga~mgix~|ka` gah kah~yx|kny! Xbn Kai|ngynh Hdjnyxki Ka}nyxjnax yinag|kd pd~ch y~uud|x 0;#989 odly# gah xbn Kaxn|ag

unxkxk}nanyy yinag|kd pd~ch {knch


12/40

77Ckafka ^!Y!Jga~mgix~|ka gah X|gayud|xgxkda

^!Y! jga~mgix~|n|y g|n adx ckfnc{ xd hnikhn xd |nnaxn| xbn jg|fnx gah jga~mgix~|n |gkcig|y ~acnyy xbn ^!Y!@d}n|ajnax "ckfn dxbn| jgod| Pnyxn|a id~ax|kny gah Oguga+ gyy~|ny g yxglcn# u|nhkixglcn# gah ucgaanh |gkc nw~kujnax jg|fnx xbgx yu|nghy d|hn|y d~x jd|n d| cnyy n}nac{ gah ka jgag`nglcn ykzny! 7

^!Y! Ida`|nyy# Dmmkin dm Xnibadcd`{ Gyynyyjnax#7;29

Ka gaad~aika` xbn (2 lkcckda mnhn|gc ka}nyxjnax kabk`b*yunnh |gkc ka

G yxgxkda dm xbn C[AR y{yxnj ka Ibg|cdxxn#AdIg|dckag!Ug{xda Ib~a`


13/40

odl cdyyny lnxpnna xbn daynx dm xbn nidadjki |ninyykdaka Ynuxnjln|


14/40

Xbn âkxnh Yxgxny dain u|dh~inh g pkhn |ga`n dm x|ga*ykx }nbkicny# kaic~hka` y~lpg{y# ck`bx gah bng}{ |gkcig|y#gahyx|nnxig|y! Xbn cgyx ^!Y! y~lpg{ ig| u|dh~in|# L~hhIdjuga{# yxduunh u|dh~ixkda ka 7;20! Xbn cgyx xb|nnyx|nnxig| l~kchn|y icdynh hdpa l{ 7;05! Xbn |ngydamd| xbn cdyy dm xbn ^!Y! kah~yx|{ pgy adx bk`b cgld|idyxyjdyx dm xbn id~ax|kny xbgx hdjkagxn xbn kah~y*x|{ xdhg{ bg}n pg`ny idjug|glcn xd xbn âkxnh Yxgxny!\gxbn|# \~x`n|y x|gayud|xgxkda na`kann| XbdjgyLd~ibn| khnaxkmkny ~ayxglcn hnjgah gy g fn{ mgixd| kaxbn hnjkyn dm xbn ^!Y! |gkcig| kah~yx|{# adxka` xbgxh~|ka` xbn 7;05y gaa~gc hdjnyxki hnjgah gah u|d*h~ixkda dm xbn ig|y ld~ainh lnxpnna "Ynn Mk`~|n 7!+ Ug|xdm xbn |ngyda xbn{ pn|n glcn xd y~iinnh ka xbn âkxnhYxgxny ky xbgx xbn{ id~ch nyxglckyb cdp*idyx gyynjlc{ dun|gxkday xd mkcc cg|`n d|hn|y# gah xbna icdyn xbnj pbnaxbn d|hn|y pn|n mkccnh! Lnig~yn xbnyn idjugakny `nan|*gcc{ bgh l~ykanyy mg| l|dghn| xbga xbn ^!Y! jg|fnx# xbn{ id~ch |khn d~x {ng|y pkxb cdp ^!Y! hnjgah!

Xd jnnx L~{ Gjn|kig |nw~k|njnaxy# ydjn y~uuckn|ydm ug|xy gah idjudanax y{yxnjy bg}n nyxglckybnh un|*jganax ^!Y! mgikckxkny#pbkcn dxbn|y jgfn xnjud|g|{ ~yndm cdigc y~lidax|gixd|y! Giid|hka` xd g y~uuc{ ibgka

79^!Y! \gkc gahX|gaykxXdhg{

^!Y! \gkc gahX|gaykx Xdhg{

Yd~|in? \gkcpg{ G`nJg`gzkan

Gcc dxbn| l~kchn|y =.

Yknjnay 0.

Fkafkybg|{d 0.

B{~ahgk*\dxnj ;.

Adxn? Mk`~|n kaic~hny |n`kdagc |gkc# y~lpg{y# ck`bx |gkc# gah yx|nnxig|y! Ybg|ny g|n lgynh da xbn a~jln| d|gkcig|y hnck}n|nh ka


15/40

yx~h{ l{ H~fn âk}n|ykx{y Inaxn| da @cdlgckzgxkda#@d}n|again - Idjunxkxk}nanyy# ga nyxkjgxnh 2= un|*inax dm xbn 7>9 mk|jy khnaxkmknh gy ug|xy gah idjudanaxy{yxnjy y~uuckn|y bg}n xbnk| `cdlgc bnghw~g|xn|y ka xbnâkxnh Yxgxny6 7

Yn}n|gc id~ax|kny bg}n ~ynh |gkc ka}nyxjnaxud|x dxbn| hdjnyxki kah~yx|kny gy pncc! Xbn N~âkda nric~hny u|di~|njnax gixk}kx{ |ncgxnh xdm|dj Pd|ch X|ghn D|`gakzgxkda "PXD+ |~cny# gIgaghg guuckny xbn ygjn nric~ykday xd ldxb xbn gah AGMXG "xbn Ad|xb Gjn|kiga M|nn X|ghn G`jnax+ gah gcyd nric~hny xbn k|da gah yxnnc ~ynhu|donixy! Ibkag |nw~k|ny xbn ~yn dm 05 un|inax xki idaxnax ka gcc u~lcki x|gaykx nw~kujnax# gy pnykàka` dm xnibadcd`{*x|gaymn| g`|nnjnaxy lnxpnnnkà*dpanh idjugakny gah hdjnyxki mk|jy md|agxkdagcc{ m~ahnh x|gayud|xgxkda ka}nyxjnaxy7> Ykjkcg|c{# xbn âkxnh Yxgxny pkcc annh xd ghduxjngy~|ny xbga xbn i~||nax L~{ Gjn|kig u|d}kykdayy~uud|x g hdjnyxki |gkcig| u|dh~ixkda kah~yx|{ xbna`g`nh ka \-H da xbn cgxnyx x|gka xnibadcd`kny

Gy hnxgkcnh ka xbn Gudccd Gcckgain |nud|xJgfn Kx K Gjn|kig?Xbn Gudccd IcngaX|gayud|xgxkda Jgaka` Gixkda Ucga # j~ib id~ch ln hdan xd yx|na`xbnnrkyxka` ^!Y! hdjnyxki idaxnax yxgahg|hy! PbkcL~{ Gjn|kig u|d}kykday bg}n bncunh xbn âkxnh |nxgka g ud|xkda dm kxy |gkc gah l~y jga~mgix~|ka`x|kny# xbn id~ax|{ annhy g yx|gxn`{ xbgx ckafy x|gayud|xgxkda ka}nyxjnaxy xd `|ngxn| kah~yx|{ l{ kai|ngyka` xbn x|gayug|nai{ gah giid~axglkckxnrkyxka` hdjnyxki idaxnax |nw~k|njnaxy! Gjda` dxyxnuy# xbky jngay kax|dh~ika` kainaxk}ny xd `d jkakjgcc{ |nw~k|nh hdjnyxki idaxnax gah jgfka` xg


/ âkxy dm jngy~|n xb|d~`bd~x xbky |nud|x g|n nru|nyynh ka jkcny!

Xglcn 7!Ka}nyxjnax ka Ugyyna`n| \gkcka Yncnixnh Id~ax|kny#\ninax [ng|y

Id~ax|{ U|n*/\ga n }g|kny l{ yd~|in!Yd~|in?Ynn Nahadxn78 md|xbky ynixkda!


16/40

`nxnh ka}nyxjnaxy xd nrugah xbn ^!Y! |dcn ka bk`b*}gc~n*ghhnh |nyng|ib gah jga~mgix~|ka` pkxbka xbnx|gaykx kah~yx|{!

Xbn yxd|{ dm xbn x|gaykx l~y kah~yx|{ ky ykjkcg| xd xbgxdm |gkc! Yxg|xka` ka xbn 7;95y# @nan|gc Jdxd|y gah Mcr*

klcn pn|n xbn dac{ xpd ^!Y! x|gaykx l~y jga~mgix~|n|y~axkc xbn 7;05y! Xbn Igaghkga idjuga{ Anp Mc{n|naxn|nh xbn ^!Y! jg|fnx ka xbn ng|c{ 7;05y# mdccdpnh kaxbn ng|c{ 7;25y l{ N~|dunga u|dh~in|y y~ib gy ]dc}dgah Yigakg# pbd pn|n c~|nh l{ xbn ^!Y! `d}n|ajnax xdbncu jnnx xbn gaxkikugxnh |kyn ka hnjgah md| l~yny h~nxd xbn dkc i|kyky! Xbky hnjgah hkh adx jgxn|kgckzn# gah#gmxn| yn}n|gc |d~ahy dm jn|`n|y gah giw~kykxkday# jdyxdm xbn ucg{n|y icdynh l{ xbn nah dm xbn 7;25y!

Xdhg{# dac{ mk}n idjugakny u|dh~in ;2 un|inax dm ^!Y! x|gaykx l~yny!7= "Ynn Xglcn

Xbn y~uuc{ ibgka md| x|gaykx l~y grcn y{yxnjy gcyd bgydac{ dan ^!Y! jga~mgix~|n|# G|}kaJn|kxd|! H~n xd xbkyckjkxnh u|dh~ixkda# km ^!Y! x|gaykx m~ahka` pn|n xdkai|ngyn kx pd~ch ln hkmmki~cx md| l~y jga~mgix~|n|y xd

nrugah hdjnyxki yd~|ika` dm xbnyn i|kxkigc idjudanaxygah y{yxnjy!

Gy pkxb ugyyna`n| |gkc ig|y# xbn ~au|nhkixglkckx{ dm hnjgah ky g fn{ mgixd| ka xbn idax|gixkda dm xbn ^!Y!l~y kah~yx|{ gah u|d}khny g hkykainaxk}n md| jga~mgi*x~|n|y xd ka}nyx ka mgikckxkny# nw~kujnax# gah \-H!Mkagc Gyynjlc{ 2> >== "7#9 =

AGLK Gaakyxda# GC a!g! ;5 8

Dxbn| 8> y~jjg|kzny ^!Y! mnhn|gc m~ahka` md| kaxn|*ikx{ |gkc ka |ninax {ng|y# kaic~hka` G\\G gy pncc gy xbnDlgjg ghjkakyx|gxkday |nw~nyx md| M[

Xbn ^akxnh Yxgxny annhy xd h|gjgxkigcc{ kai|ngynkxy ka}nyxjnax ka u~lcki x|gaykx kam|gyx|~ix~|n ka d|hn|xd l~kch g y{yxnj xbgx lddyxy |khn|ybku gah xbn|nl{ bncuy xd |nh~in ida`nyxkda ka jnx|dudckxga g|ngy# cdpn|`|nnabd~yn `gy njkyykday# gah i|ngxn j~ib*annhnhjga~mgix~|ka` odly! Xbn i~||nax cn}nc dm mnhn|gc yunah*ka`xbn yd*igccnh L~ykanyy*gy*^y~gc yinag|kdky~ackfnc{ xd `nx ~y xbn|n! Bdpn}n|# xpd dxbn| ka}nyx*jnax yinag|kdy d}n| gah gld}n i~||nax yunahka` iga ln~ynm~c xd `~khn nyxkjgxny dm udxnaxkgc odl i|ngxkda ka |gkcgah l~y jga~mgix~|ka`! Xbnyn g|n? g yinag|kd dm kai|ngynh hdjnyxki ka}nyxjnax# gah g yinag|kd dm kaxn|*agxkdagc idjunxkxk}nanyy!

Kai|ngynh Hdjnyxki Ka}nyxjnax Yinag|kd

^ahn| xbky ynidah yinag|kd# xbn `dgc ky xd hd~lcn ^!Y!x|gaykx |khn|ybku ka >>5 >=9 >=9

Xdxgc M~ahka` 7#> 75#225 8#5=>

/ G\\G m~ahy!Ka O~c{lkcckd}n|mk}n {ng|y!Yd~|in?Ynn Nahadxn 78 md|xbky ynixkda!


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(Gyynyynh idahkxkda dm 8 }nbkicny!Igukxgc ka}nyxjnax |nw~k|nh xd gxxgka gahjgkaxgka g yxgxn dm `ddh |nugk| md| xbn yn}na cg|`nyx |gkc x|gaykx g`naikny "nckjkagxka`lgifcd` dm (>5 lkcckda# uc~y gaa~gc ad|jgc |nucginjnax+! Gix~gc ka}nyxjnax cn}nc pgy(>!8 lkcckda ka }nbkicny!Nckjkagxka` lgifcd` dm |nugk|y xd l|ka` xbnagxkday x|gaykx y{yxnjy ~u xd g yxgxn dm `ddh |nugk|? (00!0 lkcckda "(>;!< lkcckda md| |gkc6(72!8 lkcckda md| l~y+!Ln{dah xbn lgifcd`# |n`~cg| gaa~gc jgkaxnagain annhnh ky(78!8 lkcckda "gix~gc yunahka` ky (70 lkcckda dm ka}nyxjnaxy d}n| g 88*{ng| un|kdh! "Giidjjdhgxnnrugaykda ka kaxn|ikx{ ugyyna`n| |gkc ~yn dm 2; xkjny gld}n xbn i~||nax cn}nc dm >!>lkcckda gaa~gc ugyyna`n|*jkcny!+

Xdxgc ka}nyxjnax ka |dccka` yxdif md| M[


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xbn mk`~|ny u|nynaxnh kaXglcn 0 iga |d~`bc{ ln hd~lcnh#yd xbgx xdxgc "mnhn|gc# yxgxn# gah cdigc+ jgyy x|gaykx igu*kxgc yunahka` d}n| ykr {ng|y pd~ch ln (9=5 lkcckda# d|ga g}n|g`n dm (=5 lkcckda un| {ng|!

Md| kaxn|ikx{ gah bk`b*yunnh |gkc# pn u|dudyn yunah*

ka` (75 lkcckda gaa~gcc{! Xbky ky yck`bxc{ jd|n xbga xbn(2!7 lkcckda |nidjjnahnh l{ xbn Ugyyna`n| \gkc Pd|f*ka` @|d~u ka

Ibkagy nrun|knain xbn|nmd|n idjny icdyn| xd xbn^!Y! ykx~gxkda! âxkc |ninaxc{# Ibkagy |gkc gah x|gaykxy{yxnjy pn|n yn|kd~yc{ d~xhgxnh gah d}n|yx|nxibnh!L~x xbn id~ax|{ bgy idjjkxxnh xd g jgod| ka}nyxjnaxu|d`|gj! Ibkag ky gcyd jd|n ykjkcg| xd xbn âkxnhYxgxny pkxb |nyunix xd `nd`|gubki ykzn gah xb~y xbnx|g}nc hkyxgainy xd ln l|kh`nh!XbnX|gayud|xUdckxki lcd``n| [dagb M|nnjg|f bgy idjjnaxnh xbgx# Ibkagynrgjucnhnjdayx|gxny bdp ga nmmkiknax gah ~ynm~cbk`b*yunnh |gkc y{yxnj iga ln kjucnjnaxnh ka g }n|{ cg|`n id~ax|{ y~ib gy xbn âkxnh Yxgxny!


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Pbgx kjugixy pd~ch ykàkmkigax kai|ngyny ka ^!Y! |gkcgah x|gaykx jga~mgix~|ka` bg}n da odl i|ngxkda gah xbn pkhn| nidadj{4 Ka xbky ynixkda# kau~x*d~xu~x gagc{ykyky ~ynh xd nyxkjgxn xbn njucd{jnax kjugix dm kai|ngynh|gkc gah l~y u|dh~ixkda ~ahn| xbn xb|nn yinag|kdy u|n*ynaxnh gld}n!7 Ka ghhkxkda# xbn gagc{yky idaykhn|y xbnnjucd{jnax kjugixy dm jga~mgix~|ka` g cg|`n| ybg|ndm xbn kau~xy xd xbnyn kah~yx|kny pkxbka xbn âkxnhYxgxny xbga ky i~||naxc{ xbn igyn!

Xbn nidadjki gah cgld|*jg|fnx kjugixy dm gakah~yx|{ dmxna `d pncc ln{dahxbnk|hk|nix nmmnixy da d~x*u~x# ng|aka`y# gah njucd{jnax ka xbn |n`kda# yxgxn# d|cdigc nidadj{ ka pbkib xbn{ g|n cdigxnh! Kah~yx|kny#nyunikgcc{ xbdyn xbgx nrud|x xbnk| `ddhy d| yn|}kiny d~x*ykhn dm xbnk| bdjn yxgxn# iga `nan|gxn kjud|xgax j~c*xkuckn| nmmnixy da xbn |nyx dm xbn yxgxn nidadj{! Xbnynnmmnixy iga kaic~hnkahk|nix nmmnixy da dxbn| yxgxn kah~y*x|kny gy ga nrud|xka` mk|j l~{y kau~xy m|dj dxbn| yxgxnmk|jy# gy pncc gy xbnkah~inh / nmmnixy da dxbn| kah~yx|knym|dj xbn cdigc yunahka` dm pd|fn|y gah dpan|y ka xbnnrud|xka` kah~yx|kny! Fadpcnh`n dm xbn jgàkx~hn dm xbn j~cxkuckn| nmmnixy dm kahk}kh~gc kah~yx|kny gccdpy ~yxd n}gc~gxn xbnk| d}n|gcc idax|kl~xkday xd xbn yxgxn gahagxkdagc nidadj{!

Udxnaxkgc Njucd{jnax Kjugixydm Kai|ngynh ^!Y! Ugyyna n| \gkcig|Jga~mgix~|ka`

G y~lyxgaxkgc kai|ngyn ka ^!Y! ka}nyxjnax ka anp ugy*yna`n| |gkc }nbkicny pd~ch u|kjg|kc{ gmmnix xbn |gkc|dgh|dccka` yxdif jga~mgix~|ka` kah~yx|{ "AGKIY 99=>+!Xglcn 77 kcc~yx|gxny xbn hk|nix gah kahk|nix kjugixydakah~yx|{ njucd{jnax ~ahn| xbn xb|nn ka}nyxjnax yin*ag|kdy hnyi|klnh gld}n# ~yka` xpd hkmmn|nax nyxkjgxny dm njucd{jnax! < Xbn nyxkjgxn pkxb i~||nax hdjnyxkiidaxnax hdny adx id~ax xbn odly ~ynh xd jgfn kau~xyxbgx g|n kjud|xnh kaxd xbn âkxnh Yxgxny! Xbn nyxkjgxnpkxb m~cc hdjnyxki idaxnax# ka idax|gyx# ybdpy xbn

odly xbgx pd~ch ln annhnh xd u|dh~in gcc kau~xy hdjny*xkigcc{ ka xbn âkxnh Yxgxny!

âhn| xbn L~ykanyy*gy* y~gc yinag|kd dm (

a~jln|dm odly

Njucd{jnaxpkxb I~||nax Hdjnyxki Idaxnax/ Xdxgc Hk|nix gah Kahk|nix Odly 0!278 =#


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Hdjnyxki Ka}nyxjnax yinag|kd pd~ch y~uud|x ang|c{ >=#0 gx i~||nax cn}ncy dm yunahka` "xbn L~ykanyy*yinag|kd+# xd ;5#57= odly ~ahn| xbn Kai|ngynh Hxki Ka}nyxjnax yinag|kd# xd g bk`b dm 95>#5~ahn| xbn Kaxn|agxkdagc Idjunxkxk}nanyy yinag

Pbn|n pd~ch xbn pd|fn|yka xbn ^!Y! |gkc|dgh |dccyxdif jga~mgix~|ka` kah~yx|{ ln cdigxnh4 I~||naxxbn hkyx|kl~xkda dm pd|fn|y }g|kny pkhnc{ l{ `ndhk}kykda! H~n xd bk b cn}ncy dm njucd{jnax ka Angah Unaay{c}gakg# xbn Jkh*Gxcgaxki |n`kda bbk bnyx a~jln| dm pd|fn|y ka XbLNG u|dh~iny dac{yxgxn j~cxkuckn|y6 bdpn}n|# ~aLCY j~cxkuckn|y# kx gccdpy md| nyxkjgxkda dm pncc gy hk|nix gah kahk|nix njucd{jnax!

Xbky gagc{yky mdi~yny da xbn yxgxny ka pbk^!Y! l~y jga~mgix~|n|y g|n cdigxnh lnig~yn LNGhd adx igux~|n d~x*dm*yxgxn y~uuckn|y dm idjNric~hka xbnyn y~uuckn|y |ny~cxy ka g|xkmkikgjgxny dm xbn njucd{jnax kjugix m|dj kai|ngynh d|hndm anp l~yny! Xbky ybd|xidjka` iga ln ghh|nyyn~yka` g LCY njucd{jnax |nw~k|njnaxy jgx|kr xd idh~ix g agxkdagc ykj~cgxkda dm xbnhk|nix gahkahk

L~ykanyy* Kai|ngynh Kaxn|agxkdagcJga~mgix~|ka` gy*^y~gc Hdjnyxki Idjunxkxk}nanyyKah~yx|{ Yinag|kd Ka}nyxjnax Yinag|kd Yinag|kd

a~jln|dm odly\gkc|dgh |dccka` yxdif "hk|nix odly+ 77#225 97#=27 750#9=


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i|ngxnh ~ahn| xbn xb|nn ka}nyxjnax yinag|kdy!Xbn LCYjgx|kr u|d}khny jd|n hnxgkc da xbn kah~yx|kny xbgx pkcc`gka xbn bk`bnyx ybg|ny dm kahk|nix odly!

Lgynh da xbn LNG xglcny# pn gccdigxnh m~ahka` xd xbnkah~yx|{ y~lynixkday xbgx g|n jdyx hk|nixc{ |ncgxnh xd xbn

jga~mgix~|ka` dm l~yny gah idjudanax ug|xy!/ Mk|yx#nrunahkx~|ny pn|n gccdigxnh md| ngib dm xbn mk}n l~yjga~mgix~|n|y gy pncc gy xbn na kan jga~mgix~|n| I~j*jkay# giid|hka` xd xbnk| i~||nax ybg|ny dm u|dh~ixkda!"Ynn Xglcn 78!+ "Xbn idyx dm g l~y na`kan ky gld~x 75un|inax dm xbn ynccka` u|kin# lnxpnna (85#555 gah(>5#555# yd 75 un|inax dm xbn nrunahkx~|ny g|n gccdigxnhhk|nixc{ xd I~jjkay! + Xbn Kai|ngynh Hdjnyxki Ka}nyx*jnax yinag|kd pd~ch cngh xd guu|drkjgxnc{ g 05*un|*inax kai|ngyn ka xbn }gc~n dm d|hn|y |nink}nh l{ ngibidjuga{ gah yxgxn! Xbn Kaxn|agxkdagc Idjunxkxk}n*anyy yinag|kd pd~ch u|dh~in g ang|c{ mk}nmdch kai|ngynka gaa~gc l~y nrunahkx~|ny m|dj xbn i~||nax cn}nc!

Anrx# xbn LNG j~cxkuckn|y pn|n guucknh xd khnaxkm{ xbn njucd{jnax kjugix dm kai|ngynh yunahka` da anp l~yny! Xbn j~cxkuckn|y nyxkjgxn xbn xdxgc a~jln| dm odly i|ngxnh ka ngib yxgxn gy g |ny~cx dm g (7 jkcckdakai|ngyn ka ygcny ka xbn bng}{ x|~if jga~mgix~|ka`kah~yx|{! Xbn i~||nax gagc{yky ~yny xpd hkmmn|nax j~c*xkuckn|y? xbn mkagc*hnjgah j~cxkuckn|# pbkib kaic~hnyxbn hk|nix# kahk|nix# gah kah~inh njucd{jnax nmmnixy dm ngib (7 jkcckda kai|ngyn ka ygcny "d| d~xu~x+# gah xbnhk|nix*nmmnix j~cxkuckn|# pbkib nyxkjgxny xbn a~jln|dm kahk|nix gah kah~inh odl i|ngxnh un| hk|nix odl ka g`k}na kah~yx|{!

Xbn mkagc*hnjgah j~cxkuckn| |ga`ny m|dj cdpy dm =!0ka Anp [d|f xd g bk`b dm 79!< ka Ad|xb Ig|dckag! G mkagc*hnjgah j~cxkuckn| dm 79!< jngay xbgx gld~x 79 odly pkcc ln i|ngxnh ka Ad|xb Ig|dckag m|dj g (7 jkc*ckda hdccg| kai|ngyn ka ygcny ka xbgx yxgxny jdxd| }nbk*

icn ug|xy jga~mgix~|ka` kah~yx|{! Xbn hk|nix*nmmnix j~c*xkuckn| |ga`ny m|dj g cdp dm !8 ka Gcglgjg! Xbky jngay xbgx >!8 odly g|n i|ngxnhka Gcglgjgy nidadj{ md| n}n|{ dan odl i|ngxnh ka xbnbng}{ x|~if jga~mgix~|ka` kah~yx|{!0=

Xbn }gc~ny dm xbn j~cxkuckn|y }g|{ gi|dyy yxgxnyhnunahka` da xbn |ncgxk}n kaxnaykx{ dm xbn~yn dm ka*yxgxn}n|y~y d~x*dm*yxgxn y~uuckn|y gah xbn cn}nc dm pg`ny ugkhxd njucd{nny ka xbn yxgxn! Md| nrgjucn# km Anp [d|fybng}{ x|~if jga~mgix~|ka` kah~yx|{ ~yny g cdx dm y~u*uckn|y m|dj dxbn| yxgxny# xbna xbn ka*yxgxn kahk|nix gahkah~inh odl i|ngxkda nmmnix pkcc ln yjgccn| xbga ka yxgxny

Yinag|kdy md| ^!Y! \gkc gahX|gaykx Njucd{jnax

Xglcn 78!Nyxkjgxnh Hkyx|kl~xkda dm Nrunahkx~|ny Gi|dyy xbn Mk}n ^!Y! L~yJga~mgix~|n|y gah I~jjkay#^ahn| xbnXb|nn Ka}nyxjnax Yinag|kdy

L~ykanyy* Kai|ngynh Kaxn|agxkdagcgy*^y~gc Hdjnyxki Idjunxkxk}nanyyYinag|kd Ka}nyxjnax Yinag|kd Yinag|kd

Idjuga{# Yxgxn "(

jkcckda hdccg|yAnp Mc{n|# JA 7#50> 7#289 8#;7>@kcck`# IG 0=0 7#97> 9#>50D|kda# A[ >7> 229 >Ad}g# A[ 7 7#


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odly ka jdxd| }nbkicn*|ncgxnh kah~yx|kny bg}n yx|da`n|ka*yxgxn jga~mgix~|ka` lgyny xbgx pkcc y~uuc{ xbn d|k`*kagc nw~kujnax jga~mgix~|n|y!

Yd mg|# xbky gagc{yky bgy mdi~ynh da xbn njucd{jnaxkjugix ka xbn mk}n yxgxny pkxb l~y jga~mgix~|n|y# ykainxbn LNG u|d}khny dac{ yxgxn j~cxkuckn|y! ^yka` ghhk*xkdagc hgxg m|dj xbn LCY# bdpn}n|# gccdpy md| m~|xbn|hnxgkc da xbn udxnaxkgc md| ^!Y! hk|nix gah kahk|nixnjucd{jnaxldxb xd nyxkjgxn njucd{jnax ka g yin*ag|kd ka pbkib hdjnyxki jga~mgix~|n|y m~cc{ y~uuc{ gcc idjudanaxy# gy pncc gy xd u|d}khn dii~ugxkdagc hgxgda xbn x{uny dm odly i|ngxnh! Gy adxnh ng|ckn|# xbn x|ghn*dmm ky xbgx LNG j~cxkuckn|y gccdp md| nyxkjgxny dm xbnkah~inh njucd{jnax nmmnix# l~x adx gx g agxkdagc cn}nc# pbn|ngy xbn LCY j~cxkuckn|y gccdp md| agxkdagc nyxk*jgxny# l~x dac{ md| hk|nix gah kahk|nix odly!

Xbn agxkdagc njucd{jnax nyxkjgxny `nan|gxnhm|dj xbn LCY j~cxkuckn|y g|n idaykhn|glc{ cdpn| xbgaxbn yxgxn*lgynh nyxkjgxny! "Ynn Xglcn 70!+ Xbky kahk*igxny xbgx ka}nyxjnaxy ka l~y jga~mgix~|ka`# pbkiby~uud|x |ncgxk}nc{ bk`bn|*pg`n odly# pkcc `nan|gxn yk`*

akmkigax a~jln|y dm kah~inh odly!Xbn LCY hdny adx u|d}khn ynug|gxn nyxkjgxny md|

xbn bng}{ x|~if }n|y~y g~xd gah ck`bx x|~if kah~yx|kny!Xbn njucd{jnax j~cxkuckn|y ~ynh g|n xb~y md| xbnnaxk|n ^!Y! Jdxd| ]nbkicn Jga~mgix~|ka` kah~yx|{

>!; 89!= 80!0\nxgkc x|ghn 0!= 0!8 =!9 >!7 2!7 =!0Pbdcnygcn x|ghn =!2 0!> =!8 >!0 8!> =!!= =!< >!= =!= =!5Ghjkakyx|gxk}n gah pgyxn jgag`njnax

yn|}kiny >!9 >!0 8!7 8!5 >!2 8!2Mddh yn|}kiny gah h|kafka` ucginy 8!0 8!9 9!0 9!5 8!2 9!;U|dmnyykdagc# yiknaxkmki#gah xnibakigc

yn|}kiny 9!8 9!<

naxn|u|kyny 9!7 9!5

G|xy# naxn|xgkajnax# gah |ni|ngxkda 5!= 7!> 7!9 7!5 7!7 7! 5!; 5!0Giidjjdhgxkda 5!> 5!2 5!0 5!> 5!0 5!0Bd~ynbdchy 5!> 5!= 5!0 5!> 5!2 5!=^xkckxkny/ 5!0 5!> 5!> 5!> 5!8 5!>G`|ki~cx~|n#md|nyx|{# mkybka`#gah

b~axka` 5!> 5!9 5!> 5!7 5!> 5!8Jkaka` 5!7 5!7 5!5 5!5 5!5 5!5Xdxgc 755 755 755 755 755 755

/ Xbnkah~yx|{ ~ynhmd| Ad|xbIg|dckag ky Jdxd|]nbkicn Ug|xyJga~mgix~|ka !

Xglcn 70!Nyxkjgxnh Njucd{jnax ka Jdxd|]nbkicny Jga~mgix~|ka Kah~yx|kny#pkxb I~||nax }n|y~y M~cc{ Hdjnyxki IdjudanaxIdaxnax#

^ahn|xbn Xb|nn Ka}nyxjnax Yinag|kdy

Kai|ngynhL~ykanyy* Hdjnyxki Kaxn|agxkdagcgy* y~gc Ka}nyxjnax Idjunxkxk}nanyy

Njucd{jnax Yinag|kd Yinag|kd Yinag|kdJ~cxkuckn| "(

a~jln|dm odlyI~||nax Hdjnyxki Idjudanax Idaxnax Xdxgc hk|nix gah kahk|nix odly 8!2 79#8=> >9

Xdxgc hk|nix odly 5!2 0 8#587 75#000 Xdxgc kahk|nix odly 77#750 7;#587 >5#00=

M~cc Hdjnyxki Idaxnax Xdxgc hk|nix gah kahk|nix odly 0!2


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"AGKIY 99=7+!/ Xbn ykzn dm xbn xdxgc odl j~cxkuckn|md|xbky kah~yx|{# nric~hka` kjud|xy# pgy 8!2# y~``nyxka`xbgx (7 jkcckda dm d~xu~x "ka i~||naxhdccg|y+ pd~chy~u*ud|x ga g}n|g`n dm 8!2 odly gi|dyy gcc kah~yx|kny ka xbnid~ax|{! Km yx|da`n| hdjnyxki y~uuc{ ibgkay gccdpnhxbn l~y kah~yx|{ xd ln 755*un|inax hdjnyxkigcc{ y~u*ud|xnh# xbn ykzn dm xbn xdxgc odly j~cxkuckn| kai|ngyny xd0!2! Xbn ykzn dm xbn hk|nix odl j~cxkuckn| ka xbn jdxd|}nbkicn jga~mgix~|ka` kah~yx|{ pgy dac{ 5!; gah 5!2#kaic~hka` gah nric~hka` kjud|xy# |nyunixk}nc{! Gy kahk*igxnh ka Xglcn 70# 90#>27 jd|n odly pd~ch ln `nan|*gxnh ~ahn| xbn Kai|ngynh HdjnyxkiKa}nyxjnax yinag|kd#

gah 755#55 jd|n odly "90 un|inax+ agxkdAng|c{ gcc dm xbnj g|n kahk|nix odly ka xbn y~uu

Xbn anp odly i|ngxnh m|dj ka}nyxjnaxy ka jd}nbkicn jga~mgix~|ka` pd~ch ln yu|ngh gi|dyy jgkah~yx|kny# gy kahkigxnh ka Xglcn 72! Xbn cnmu|d}khny odl nyxkjgxny md| xbn kah~yx|{ pkxby~uuckn|y# gahxbn |k bx idc~ja ybdpy pbgx xbnodlx|kl~xkda pd~ch ln km xbn kah~yx|{ ~ynh 755*hdjnyxki y~uuckn|y!

Ibg|gixn|kyxkiy dm Pd|fn|y ka xbnJdxd| ]nbkicnJga~mgix~|ka` gah \gkc|dgh \dccka Yxdif Jga~mgix~|ka` Kah~yx|kny

Ga gagc{yky dm pd|fn| ibg|gixn|kyxkiy |n}ngldxb xbn ^!Y! jdxd| }nbkicn jga~mgix~|ka` gah |g|dgh |dccka` yxdif jga~mgix~|ka` kah~yx|kny nju`|d~uy dm pd|fn|y xbgx bg}n adx mg|nh pncc ka xnidadj{ ka |ninax {ng|y!2 Jgcny# u|dh~ixkda pd|fn|ygah pd|fn|y pkxbd~x udyx*ynidahg|{ hn`|nny bg}ng hkyu|dud|xkdagxn ybg|n dm odly h~|ka` xbn nidadjki |ninyykda!25 I|ngxka` pncc*ug{ka` odlyxbn xpd kah~yx|kny pd~ch bncu u~x xbnyn pd|fnka odly!

Njucd{jnax ka ldxb dm xbnyn kah~yx|kny ky hdjkagxnh l{ jgcny! "Ynn Xglcn 7;!+ Xbn jgcn ybg

Jgag`njnax dm idjugakny gah naxn|u|kyny 8!;Jgibkan ybduy6 x~|anh u|dh~ixy6 gah yi|np#

a~x# gah ldcx jga~mgix~|ka` 9!7Jdxd| }nbkicn ldh{ gah x|gkcn| jga~mgix~|ka`

Kah~yx|{ Ybg|n dm Odly

un|inax M~cc Hdjnyxki IdaxnaxJdxd| }nbkicn jga~mgix~|ka` 70!>Jdxd| }nbkicn ug|xy jga~mgix~|ka 7=!9Pbdcnygcn x|ghn 77!7Jgag`njnax dm idjugakny gah naxn|u|kyny 8!=Jdxd| }nbkicn ldh{ gah x|gkcn| jga~mgix~|ka` 8!7Jgibkan ybduy6 x~|anh u|dh~ix6gah yi|np#

a~x# gah ldcx jga~mgix~|ka`

Xglcn 7;!A~jln| gah @nahn| Hkyx|kl~xkda dm Njucd{jnax ka ^!Y! \gkc|dgh\dccka Yxdif# Jdxd|]nbkicn gah Jdxd| Nw~kujnax Jga~mgix~|ka #

gah Gcc Kah~yx|kny#


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Ga{ nidadjki*kjugix gagc{yky ky lgynh da g }g|knx{ dm nidadjki gah udckxkigc gyy~juxkday! Ka xbky |nud|x# md|nrgjucn# xbn y~lyxgaxkgc kai|ngyn ka ^!Y! u|dh~ixkda dm ugyyna`n| |gkc ig|y gah l~yny xbgx ky u|dudynh ka xbnKai|ngynh Hdjnyxki Ka}nyxjnax yinag|kd |nw~k|ny xbgxjga~mgix~|n|y bg}n ~a~xkckznh igugikx{ xd jnnx xbkyb{udxbnxkigc hnjgah "d| xbgx anp idjugakny pkcc lni|ngxnh+! Kaxn|}knpy pkxb fn{ jga~mgix~|n|y kahkigxnxbgx yn}n|gc dm xbnj bg}n lnna dun|gxka` lncdp m~ccigugikx{# gah xbgx km hnjgah kai|ngynh# xbn{ id~ch mkcckx! Pbkcn igccka` lgif cgkh*dmm pd|fn|y gah kai|ngyka`bd~|y pkcc bncu idjugakny jnnx hnjgah gah lddyx pd|fmd|in ng|aka`y# kx jg{ gcyd cdpn| xbn x|~n njucd{*jnax kjugix nyxkjgxnh ka xbky gagc{yky!

Pkxb |n`g|h xd l~y jga~mgix~|ka`# gadxbn| fn{ gyy~juxkda dm xbky gagc{yky ky xbgx y~lyxgaxkgcc{ kai|ngy*ka` l~y d|hn|y pkcc adx gcxn| xbn i~||nax jg|fnx ybg|nydm xbn mk}n ^!Y! jga~mgix~|n|y# pbkib ky ~ackfnc{ xd lnxbn igyn km xbn kah~yx|{ nrugahy |gukhc{! Xbn njucd{*jnax kjugix gi|dyy yxgxny pkcc }g|{ idaykhn|glc{ hnunah*ka` da pbkib idjugakny pka idax|gixy md| anp l~yny!Xpd dm xbn idjugakny# Anp Mc{n| gah D|kda# bg}n}n|{ y~lyxgaxkgc Igaghkga jga~mgix~|ka` dun|gxkday! Km xbnyn idjugakny jga~mgix~|n l~y ug|xy gah idjud*anaxy ka Igaghg |gxbn| xbga ka xbn âkxnh Yxgxny# xbnaxbn x|~n hdjnyxki njucd{jnax kjugix id~ch ln d}n|*yxgxnh!Xbky idain|a id~ch lnidjn `|ngxn| km xbnk| ^!Y!mgikckxkny |ngib m~cc igugikx{! Bdpn}n|# xbn L~{ Gjn|*kig u|d}kykday pkcc u|n}nax xbnj m|dj kjud|xka` jd|nxbga 85 un|inax dm xbn ug|xy gah idjudanaxy dm xbnl~yny u~|ibgynh ka xbn âkxnh Yxgxny pkxb mnhn|gcjdakny!

Xbn gagc{yky dm odl i|ngxkda ~ahn| m~cc hdjnyxkiidaxnax gyy~jny xbgx kx ky ldxb mngyklcn gah hnyk|glcn xdkai|ngyn xbn hdjnyxki idaxnax md| |gkc gah l~yny mg|gld}n gah ln{dah xbnk| i~||nax cn}ncy! Jga~mgix~|ka`

gh}digxny y~uud|x kai|ngyka xbn L~{ Gjn|kig u|d}kxd bk`bn| xbga =5 un|inax# gah xbn Dlgjg ghjkakx|gxkda bgy gaad~ainh y~uud|x md| namd|ika` hdju~|ibgyka` u|nmn|nainy da bk`b*yunnh |gkc u|dm~ahnh pkxb xbn kakxkgc (2 lkcckda dm BY\ `|g pn|n ug|x dm xbn nidadjki yxkj~c~y ugifg`n! Xbn jgxny u|d}khnh ka xbky |nud|x |n}ngc xbgx m~cc yd~|ika` pd~ch h|gjgxkigcc{ kai|ngyn njucd{jna

[nx kaxn|}knpy pkxb kah~yx|{ |nu|nynaxgxk}nyxbgx kai|ngyka` xbn ybg|n dm hdjnyxki yd~|ikau|nynax u|gixkigc ibgccna`ny da xbn `|d~ah! Y~ibgkay bg}n lnna hn}ncdunh g|d~ah xbn =5 un|nw~k|njnax# gah# gc|ngh{# y~uuckn|y dm ydjn fnudanaxy dm x|gaykx }nbkicny bg}n ang|*jdadudc{X|gaykx }nbkicn u|dh~in|y mng| xbgx kai|ngyka` xinaxg n id~chgcyd kai|ngyn xbn idyx dm yn}n|gc fnJd|nd}n|# xbn âkxnh Yxgxny ad cda`n| u|dh~iny yfn{ idjudanaxy# yd pgkxka` md| ^!Y! jga~mgix~|n`ng| ~u pd~ch ycdp hdpa kam|gyx|~ix~|n hn}ncdujKm xbn id~ax|{ ky yn|kd~y gld~x gibkn}ka` g `dgc dhdjnyxki idaxnax# kx j~yx ln nw~gcc{ yn|kd~yhn}ncduka` xbn aninyyg|{ y~uuc{ ibgka gah nayjg|fnxy md| y~uuckn|y!

Gy adxnh ka xbn H~fn âk}n|ykx{ |nud|x^!Y! Jga*~mgix~|ka` dm \gkc ]nbkicny md| Kaxn|ikx{ Ugy^|lga X|gaykx # xbn i~||nax ^!Y! |gkc jg|fnx bgy lnna cg|`n nad~`b xd y~uud|x xbn idju|nbnayk}n yuckn| kah~yx|{ annhnh xd jd}n xd m~cc hdjnyxki

Xbn ^!Y! }gc~n ibgka kaic~hny yn}n|gc `guyunikmki jga~mgix~|ka` gixk}kxkny xbgx g|n adkigcc{ un|md|jnh ka xbn akxnh Yxgxny! Xbnyn}g|{ gjda` xbn ykr xg|`nx |gkc x{uny! Md| nrgjucg bk`b*yunnh |gkc idjudanax jg{ i~||naxc{ lnjga~mgix~|nh nric~yk}nc{ d}n|yngy# pbkcnnw~k}gcnax idjudanax md| |n`kdagc |gkc ky jghdjnyxkigcc{ l{ yn}n|gc mk|jy! Hnunahka` da x


Fn{ Gyy~juxkday Gld~x xbn Ka}nyxjnax Yinag|kdygah \ngckzka` Xbnk| Njucd{jnax Kjugix


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|gkc igxn`d|{# gixk}kxkny dmxna un|md|jnh d~xykhnxbn ^akxnh Yxgxny jg{ kaic~hn u|du~cykda y{y*xnjy# mgl|kigxnh x|~ify# ncnix|daki y{yxnjy# gahhdd|y! Dmxnaxbnyn `guigxn`d|kny |nw~k|n idjucnrjgibkan|{ gah yunikgc yfkccy# yd idjugakny x{u*

kigcc{ ka}nyx ka xbnj dac{ ka d}n|yngy cdigxkday pbn|n xbn|n ky g yx|da`n| jg|fnx!7

Ka nyynain# xbn|n ky g ibkifna*gah*n`` u|dlcnj!Kai|ngynh hdjnyxki idaxnax |nw~k|ny jd|n idjucnxnhdjnyxki y~uuc{ ibgkay# l~x ~acnyy xbn|n ky nacg|`nhhnjgah kx pkcc ln hkmmki~cx xd igcc md|xb xbn y~uuc{!\gkyka` xbn L~{ Gjn|kig u|d}kykda xd 755 un|inax u|ny*naxy yunikgc ibgccna`ny! ^!Y! jga~mgix~|n|y dm y{yxnjygah idjudanax ug|xy bg}n nyxglckybnh idyx*nmmkiknaxug|xan|ybkuy pkxb jga~mgix~|n|y gah y~uuckn|y dm y~l*idjudanaxy ka dxbn| |n`kday dm xbn pd|ch!< Ka xbn l~ykah~yx|{# xbnyn d~x*dm*id~ax|{ y~uuckn|y nan|gcc{ u|d*}khn cdpn|*xnibadcd`{ y~lidjudanax ug|xy y~ib gy pbnncy gah mgyxnan|y xbgx bg}n cnyy idjucnr jga~mgi*x~|ka u|dinyyny xbga ug|xy jga~mgix~|nh ka xbn ^akxnhYxgxny! Xbnyn ug|xy g|n ~lkw~kxd~y ka xbn `cdlgc jg|*fnxucgin# yd mk|jy dmxna yd~|in xbnj m|dj |n`kday xbgxbg}n cnyy xnibadcd`kigcc{ gh}gainh jga~mgix~|ka`kah~yx|kny gah xbn cdpnyx u|dh~ixkda idyxy# pbkcn mk|jyka |n`kday pkxb jd|n yfkccnh gah xnibadcd`kigcc{ gh}gainh jga~mgix~|ka` kah~yx|kny nrugah xbnk| igugi*kx{ xd u|dh~in idjudanaxy xbgx bg}n g bk`bn| }gc~n*ghhnh ka xbn u|dh~ix yx|ngj!9

Md| nrgjucn# ka


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ibgyn kau~xy dm `ddhy gah yn|}kiny m|dj dxbn| yxgxnkah~yx|kny# kaic~hka` kxyncm! Xbnyn kah~yx|kny ka x~|a pkcc l~{ `ddhy gah yn|}kiny m|dj dxbn| yxgxn kah~yx|knyxd u|dh~in ghhkxkdagc kau~xy# pbkib pkcc xbna kakxkgxngadxbn| i{icn dm kaxn|*kah~yx|{ yunahka` dm kai|ngy*

ka`c{ yjgccn| ykzny!/ Xbn idjlkanh nmmnixy dm xbnyn yni*dah gahxbk|h |d~ah gahghhkxkdagc |d~ahy dm yunahka`g|n xbn kahk|nix nmmnixy dm xbn kai|ngyn ka mkagc hnjgahygcny dm kah~yx|{ k! Xbn bk`bn| xbn u~|ibgyny l{ kah~y*x|{ k m|dj dxbn| yxgxn kah~yx|kny "k!n!# xbnyn kaxn|*kah~y*x|{ lgifpg|h ckafg`ny+# xbn bk`bn| pkcc ln xbn ykzn dm xbnyn kahk|nix nmmnixy!Xbn }gc~n dm xbn X{un K j~cxkuckn|md| g `k}na kah~yx|{ ky igci~cgxnh l{ hk}khka` xbn y~jdm xbn hk|nix gah kahk|nix nmmnixy l{ xbn hk|nix nmmnixy!"Ynn xglcn bn|n!+

X{un KK j~cxkuckn|y igux~|n xbn hk|nix# kahk|nix# gahkah~inh nmmnixy dm ga nrugaykda ka mkagc ygcny# ng|aka`y#d| njucd{jnax ka g `k}na kah~yx|{! Xbn kah~inh nmmnixyigux~|n xbn kjugixy dm xbn yunahka` dm pd|fn|y ka xbngmmnixnh kah~yx|{! Pbna ga kah~yx|{ nrugahy kxy d~x*u~xy# kx pkcc i|ngxn g yx|ngj dm pg`ny gah ygcg|kny md| kxy pd|fmd|in gah g yx|ngj dm u|dmkxy$kaxn|nyx$|naxy md| kxydpan|y# pbd pkcc yunah g ud|xkda dm xbnk| kaidjny da`ddhy gah yn|}kiny gah anp bd~yka` u|dh~inh l{ dxbn|yxgxn kah~yx|kny# xbn|nl{ nrugahka` d~xu~x# ng|aka`y#gah njucd{jnax ka xbnyn dxbn| yxgxn kah~yx|kny!

Xbn bk`bn| xbn pg`ny gah ygcg|kny dm pd|fn|y ka xbnkah~yx|{# xbn bk`bn| xbnk| hn`|nn dm |nykhnai{ ka xbnyxgxn# xbn bk`bn| xbnk| u|dunaykx{ xd iday~jn cdigcc{ u|dh~inh `ddhy gah yn|}kiny# gah xbn bk`bn| xbn `nd*`|gubki idainax|gxkda dm dpan|y ka xbn yxgxn# xbn bk`bn| pkcc ln xbn ykzn dm xbnyn kah~inh nmmnixy! Gcc dm xbnynhn}ncdujnaxy pkcc |gkyn xbn kah~inh nmmnixy m|dj ga

nrugaykda dm mkagc hnjgah ygcny gah njucd{xbn|nl{ kai|ngyka` xbn }gc~n dm X{un KK j~cxkuc}gc~n dm xbn X{un KK j~cxkuckn| md| g `k}na igci~cgxnh l{ hk}khka` xbn y~j dm xbn hk|nix# kgah kah~inh nmmnixy l{ xbn hk|nix nmmnix! "Y

Xbn bk`bn| xbn kahk|nix gah kah~inh nmmnixy# xxbn }gc~n dm xbn X{un KK j~cxkuckn|!

G }g|knx{ dm nidadjki j~cxkuckn|y iga ln u|dhxb|d~`b xbn guuckigxkda dm kau~x*d~xu~x gagcxki~cg|c{ pbna xbn K*D gagc{yky ky y~uucnjnng|aka`y gah njucd{jnax hgxg l{ kah~yx|{! Gjdaxbn x{uny dm j~cxkuckn|y ~ynh ka nidadjki kjugikny gx xbn agxkdagc# yxgxn# gah cdigc cn}ncng|aka`y# kaidjn# gah njucd{jnax j~cxkuckn|y!

Xbn LNG bgy u|d}khnh }gc~ny dm yxgxn j~cxkxb|nn l~y jga~mgix~|ka` gah l~y idjudanax jga~*mgix~|ka` kah~yx|kny? AGKIY 99=7


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g|n nyxkjgxnh ka xpd hkmmn|nax pg{y? kaic~hka` gahnric~hka` kjud|xy!

Xbn LNG j~cxkuckn|y ka xbn u|n}kd~y ynixkdanric~hnh kjud|xy! Gadxbn| fn{ hkmmn|nain ky xbgx xbnLCY kah~yx|kny g|n jd|n g``|n`gxnh xbga xbn dany ~ynh

l{ xbn LNG! Xbn LNG u|dh~iny }g|kd~y j~cxkuckn|y md|85= AGKIY kah~yx|kny }n|y~y xbn Guunahkr? Jnxbdhdcd { md| Njucd{jnax U|donixkday


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Ckafka` ^!Y! Jga~mgix~|ka gah X|gayud|xgxkda

7! ^!Y! Ida`|nyy# Dmmkin dm Xnibadcd`{ Gyynyyjnax#^!Y Ugyyna* `n| \gkc Xnibadcd`kny "Pgybka`xda# HI? 7;29+# u! 0!

8! Gah|np Y~j nx gc!#Xbn Hnnu Hnu|nyykda ka Lc~n Idccg| Cgld| Jg|fnxy ka xbn ^!Y! Xbnk| Kjuckigxkday md| M~x~|n Nidadjki Yxkj~c~y gah Pd|fmd|in Hn}ncdujnax Udckikny "Ldyxda? Ad|xb*ngyxn|a ^ak}n|ykx{ Inaxn| md| Cgld| Jg|fnx \nyng|ib# ! Ynn# md| nrgjucn? @g|{ U! Ukygad gah Pkcc{ I! Ybkb# \nyxd|ka` Gjn|kiga Idjunxkxk}nanyy#Bg|}g|h L~ykanyy \n}knp # O~c{$G~`~yx

>! Jg|i{ Cdpn nx gc!#!Y! Jga~mgix~|n dm \gkc ]nbkicny md| Kaxn|*

ikx{ Ugyyna`n| \gkc gah ^|lga X|gaykx "H~|bgj# AI? H~fn^ak}n|ykx{ Inaxn| dm @cdlgckzgxkda# @d}n|again - Idjunxk*xk}nanyy#


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70!Cdpn# G{xnfka# gah @n|nmmk# du! ikx! adxn =!72!Klkh!# u! != lkc*ckda ka g hngc xbgx icdynh ka G~`~yx

= xd # pgy (>2!> lkcckda ka 7;>0 hdccg|y# pbkib x|gay*cgxny kaxd (9>2 lkcckda ka Dixdln|


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Yx|nnxig|ka Ud|xcgah#D|n`da!XMdrMdxd

reviving the u.s. rail and transit industry: investments and job creation

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