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Budget deal eliminates funds for high-speed rail

(Source: USA Today, November 16, 2011)

WASHINGTON, D.C. — Congressional negotiators have agreed to eliminate funding for high-speed rail in the current fiscal year. Although there will be no new money to develop high-speed rail, Amtrak will receive $1.4 billion, with $681 million targeted for capital improvements. The budget deal requires Amtrak to impose overtime limits on employees and bars it from offering discounts over 50 percent from normal peak fares.

Full story: USA Today

Wednesday, November 16, 2011

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