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
- Posthumous Retirement Ceremony Honors Lost Brother
- SMART-TD: Built by Members, Driven by Your Voice
- Conductor, Volunteer Firefighter Injured and Needs our Help
- FRA Doubles Our Risk By Reducing Track Inspections
- Value of Unions
- New Mass. Law Protects SMART-TD Transit Members
- Bills Mount After Texas Conductor Loses a Leg
- 2026 Railroad Retirement and Unemployment Insurance Tax Changes
- SMART-TD Members on UP Properties Ratify Five-Year Agreement
- Railroader’s Son to Perform at Carnegie Hall