Amtrak Issues in the 108th Congress (CRS Report for Congress)
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Release Date |
Feb. 20, 2003 |
Report Number |
RL31743 |
Report Type |
Report |
Authors |
D. Randall Peterman, Resources, Science, and Industry Division |
Source Agency |
Congressional Research Service |
Summary:
Amtrak does not earn enough revenue, or receive enough assistance, to cover its operating costs and capital needs. As a result, Amtrak is regularly on the verge of insolvency. Congress will likely confront a number of issues connected with Amtrak in the 108th Congress as it considers various funding proposals as well as reauthorization of the passenger rail system. These include the appropriate level of federal funding for passenger rail, and how that funding, if any, should be provided and to whom; the advisability of developing the federally-designated high-speed rail corridors, and how to fund them; and whether Amtrak should be restructured and if so, how.