«If it (the CN-BNSF merger approval process) goes forward, it will be catalyst for the end game for the railroad industry, ... And in that end game, no one wants to get left out. If you're left out, the terms of trade can turn very sour for you.»

«Earnings have suffered this quarter and throughout the year as we have changed the composition of our company and implemented the most complex rail merger in history, ... We had difficulty handling strong fourth-quarter demand and changing traffic flows, particularly in the northwestern sector of our new, combined rail network. As a result of this congestion, locomotive, equipment and crew costs were much higher than we expected.»

«The communiqu? speaks for itself, ... in plain English.»

«But I am optimistic that rebuilding efforts will restore lost GDP by the first quarter of next year,»

«While it is relatively straightforward to point out flaws in a tax system and to express a desire for change, it is much more challenging to settle on a specific solution. There are difficult trade-offs,»

«There are difficult tradeoffs,»

«The development and use of hybrid vehicles is a key step toward reducing gasoline consumption, emissions of air pollutants and greenhouse gas emissions. I commend the manufacturers who are making these energy-efficient and environment-friendly vehicles and hope that the President's energy bill proves to be an important step in their rising prominence on American roads.»

«This IRS guidance establishes a process that manufacturers can use to certify the amount of credit the purchaser of the vehicle can claim. This is going to provide much-needed certainty to Americans who are purchasing these vehicles. It means they will be able to rely on the manufacturer's certification when they claim the credit on their tax return. This is good news for those consumers because they are also taxpayers who seek simpler, fairer tax filing, and it is good news for manufacturers who can now offer reassurance to customers on the ease of the tax rules.»

«This budget also is committed to fiscal discipline. It holds government spending below the level of inflation. In the non-security, non-homeland security area it reduces actual spending. And it's consistent with the president's commitment to cut the deficit in half by the time he leaves office.»

«I involved myself in it as it came to my attention over the course of the last three or four days. I got involved in it after the approval process.»