Amtrak, the U.S. intercity passenger railroad, may have trouble staying on track, literally, if a U.S. government shutdown is prolonged for a month or more.
The Washington-based railroad, which has never made money, gets 12 percent of its operating budget and most capital and debt-service funding from U.S. appropriations funneled through the Transportation Department. Some are scheduled to be paid quarterly while others are reimbursements, all of which have been cut off for now.
Read the complete story at Bloomberg News.
Related News
- ATTENTION VETERANS: Update Your Status in TD Connect
- Obituary: York Dudley Poole III
- SMART-TD Reaches Tentative National Agreement with Carriers
- Spotlighting Rail Safety During See Tracks? Think Train® Week
- Shifting Views on Pattern Agreement
- SMART-TD Pride on Full Display for Labor Day 2025
- Congressman Resurrects Attempt to Nullify Federal Two-Person Crew (2-PC) Rule
- SMART-TD Intensifies the Push for Stronger Transit Safety Laws
- SMART-TD Yardmasters Reach Tentative Agreement
- For Wisconsin’s State Legislative Director, Role is More Than a Title