Amtrak Gets Most of Requested Funding

WASHINGTON – Congress on Feb. 13 passed legislation granting Amtrak a $1.05 billion operating and capital grant for the 2003 fiscal year. Additionally, repayment of a June 28, 2002, $100 million from the U.S. DOT loan from has been deferred. “We have no plans to shut down,” Amtrak spokeswoman Karina Van Veen told Gannett News Service. Amtrak’s $1.2 billion request for the fiscal year was predicated upon projected revenue levels and tight controls on spending. Despite the appropriation, Amtrak still believes sustaining operations will be an ongoing challenge. “Though the budget will be extremely tight, this funding level should be

Amtrak Funding: What’s the Answer?

February 1, 2003 Railfanning.org News Wire 0

Can Amtrak operate without government funding? “Earlier today I met with Senator Patty Murray of the Appropriations Committee concerning Amtrak funding for FY ’03,” Amtrak President David L. Gunn said on Jan. 15, 2003. “I updated Senator Murray on the progress being made to stabilize Amtrak’s operations and finances and to bring tight new fiscal controls to bear on the company. I also repeated my concern that federal funding substantially less than $1.2 billion in FY ‘03 will take us right back to the near-shutdown we experienced last summer.” Murray, D-Washington, along with several Senate Republicans, on Jan. 16 ensured

This train is bound for Glory … and Washington, D.C.

August 22, 2002 Todd DeFeo 0

ATLANTA – For train fans, the only thing better than watching trains is riding them. And that’s what I’m about to do. I decided rather than sitting around for my vacation, I’d hop on No. 20 (that’s the Northbound Crescent, for those of you who might not know) and take a trip to Washington, D.C. I’ll depart Atlanta at about 8 p.m. and arrive at Union Station at about 10 a.m. tomorrow morning. Yes, it’s a long trip, but it’s also an experience. I reserved a coach seat. I thought that would provide me with the best train experience. Besides,

1 50 51 52