Past & Future of U.S. Passenger Rail Service

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Our Price: $20.00

Year: 2003
Pages: 40
Binding Paperback

Product Code: 0756738865

Description

Douglas Holtz-Eakin (pf); David Moore (ed); Roger Hitchner (ed). This Congressional Budget Office (CBO) study -- prepared at the request of the Senate Budget Committee -- reviews past policies toward Amtrak & the fundamental economics of passenger rail service. The review suggests that there are only limited conditions under which passenger rail service in the U.S. could be economically viable without subsidies. This study also explores the implications of four options for future federal support of passenger rail, ranging from eliminating federal subsidies to funding a massive expansion of rail service. In keeping with CBO’s mandate to provide objective, impartial analysis, the study makes no recommendations. Charts & graphs.

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