S. 1274, titled the “Railroad Employee Equity and Fairness Act” or the “REEF Act,” is a bill that aims to permanently exempt payments from the Railroad Unemployment Insurance Account from being reduced under sequestration, which is part of the Balanced Budget and Emergency...
Simple Explanation
The Railroad Employee Equity and Fairness Act wants to make sure that money given to train workers when they're out of work is protected and won't get cut by government rules aimed at saving money.