Intercity Passenger Rail: Amtrak Will Continue to Have Difficulty Controlling Its Costs & Meeting Capital Needs

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Our Price: $20.00

Year: 2000
Pages: 59
Binding Paperback

Product Code: 0756703972

Description

Phyllis F. Scheinberg (au). Since its inception in 1971, Amtrak has received over $23 billion in Fed. subsidies for operating capital expenses. Over the last 3 years, Amtrak has received over $3.6 billion, including about $2.2 billion in 1998 & 1999 that it could use for capital improvements, etc. This report discusses: changes since 1995 in Amtrak’s operating costs, including labor costs, payments to freight railroads to access their track, & interest on commercial debt; the projected changes over the next 5 years; & Amtrak’s plans to address these costs; Amtrak’s short- & long-term capital investment requirements; & the availability of Fed. & non-Fed. funds for Amtrak’s capital investment. Charts & tables.

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