Amtrak: Budget and Reauthorization (CRS Report for Congress)
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Release Date |
Revised May 2, 2006 |
Report Number |
IB10147 |
Authors |
John Frittelli and David Randall Peterman, Resources, Science, and Industry Division |
Source Agency |
Congressional Research Service |
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Summary:
Amtrak was created by Congress in 1970 to provide intercity passenger railroad service. Without a yearly federal grant to cover operating losses, Amtrak would not survive as presently configured. This issue brief discusses reform proposals from both the Administration and Amtrak in the 109th Congress. It addresses the appropriations requested by Amtrak, the reluctance of the Administration to provide aid, and its willingness to let Amtrak enter bankruptcy, resulting in restructuring and reform of inefficient operations.