National Limited
Service Attendant
I am not sure but I think I just heard on NPR news that the house transportation committee had appropriated 6 billion for Amtrak over the next three years. Is this true or am I hearing voices again?
Strictly a committee. It's a long was from the House floor, let alone up for a vote in the Senate.Guest_capltd29 said:it said the house committee, does this mean that it went through the house, or just made it to the floor?
I don t want to jump the gun!
Jon
If it were to pass, and assuming that Congress put no strings on the money, it woud most likely be used both for car repairs and for some new equipment.Tom said:So if it were to pass, would this money be just enough for car repairs and all that or could it actually be used for route and equipment expansion?
That's correct. Amtrak cannot add any new routes, unless a State, City, or other interested party takes on the burden of covering any potential losses.Anthony said:I believe the moratorium on new routes isn't an issue if a state agrees to cover all costs, including any losses. :unsure:
Originally it was a condition of the $100 M loan from the DOT, which I think has already been repaid. However Congress included that no new routes provision when it adopted Amtrak's budget for the next year.AmtrakWPK said:My memory is a little fuzzy on this, but wasn't the expansion moratorium operable until the $200M loan is paid back, and if so, couldn't they repay that with $200M of this year's $2B, or perhaps a third of it each of the next 3 years (assuming , BIG "IF", the $2B per year for 3 yrs passes)? I would think that repaying that loan would be looked at very favorably by Congress, and (again, IIRC correctly) it would free Amtrak to adjust routes, including add if they thought it would pay to do so.
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