Amtrak, the U.S. intercity passenger railroad supported by taxpayers, asked Congress to more than double its capital budget so it can buy more trains and improve infrastructure.
Amtrak, in a letter today to Vice President Joe Biden and House Speaker John Boehner, asked for $2.1 billion in U.S. funds for its capital budget and $212 million for debt service for the 2014 fiscal year. In the 2013 fiscal year, Amtrak is receiving $905 million for those expenses.
Read the complete story at Bloomberg News.
Related News
- Is Your Family Paying the Price for Your Job?
- Transit Funding Crisis Deepens
- Submit Your Local Pride T-Shirt Design Ideas by August 20!
- UPDATE: Hotel Reservation Deadline Extended for Anaheim Regional Training Seminar
- New SMART Union Mobile App Update Available
- Support SMART-TD Brother Who Lost His Leg in Denver Derailment
- Alaska Conductor Loses Second Child, Chairperson Asks for Our Support
- The Makings of a Railroad Merger
- East Palestine Documentary Emphasizes Fight for Rail Safety
- Statement from SMART-TD on the Proposed Union Pacific and Norfolk Southern Merger