Trump budget plan for 2019 defunds Amtrak’s long-distance routes
(Source: CBS News, February 13, 2018)
WASHINGTON, D.C. — The White House budget, released Monday, proposes that "States begin to share the operating subsidy costs of Long Distance routes with the Federal Government." It suggests cutting the federal subsidy for Amtrak in half, from $1.4 billion to $738 million. That would save the feds about $6.3 billion this decade, according to calculations from the Wharton School of Business. The only problem? Many states, already strapped for cash, are unlikely to come up with the needed funding.
Full story: CBS News
Tuesday, February 13, 2018
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