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Posted: 9:58 AM Sep 12, 2007
Amtrak Bailout Faces Veto
Washington, D.C. The U.S. Senate moved to reverse President Bush's proposed cuts to Amtrak, but a veto is likely. Reporter: The Associated Press |
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The U.S. Senate is pressing ahead with a $106 billion transportation and housing bill that rejects President Bush's proposed cuts to Amtrak.
The Senate is expected to pass the bill Wednesday but faces a White House veto promise for exceeding Bush's budget limit for domestic programs.
The bill would provide $1.4 billion for the money-losing Amtrak national passenger railroad. The White House proposed eliminating Amtrak's $500 million operating subsidy.
But Amtrak runs trains through almost every state, which gives it great support among lawmakers.
Latest Comments
Posted by: trainmaster611
on Sep 29, 2007 at 10:44 PM
Amtrak is actually the least money-losing out of all of the modes of transportation in America. Bush is targeting it because he wants Americans to delve deeper into automobiles and cars. Doesn't he realize that having a country dependent on public transportation instead of cars is so much more efficient and cheaper? Look at Europe, trains are the best answer, we need to expand Amtrak, not kill it.
Posted by: Lance
Location: Iowa
on Sep 14, 2007 at 04:14 PM
Why isn't the term "money loseing" used when highways and airlines are discussed? If highways made money they would be private, not government. Airlines? we all know about these for profit companys! Infact in a few years as oil continues to increase in price most of our air service will disappear! The freight railroads are very profitable because they don't use much fuel per ton to move goods or people. A the White HOuse wants to cut Amtrak?
Posted by: Richard
Location: Sacramento
on Sep 13, 2007 at 12:19 PM
Money losing? Defense costs us $1billion a day, and it's not enough. Amtrak's annual budget would fund defense for a day and a half! We need more trains not fewer. Get the Sunset Coast to Coast again, and make the three day a week trains daily. It'd cost less than an aircraft carrier, and no one would die.
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