Amtrak, the railroad that can't (without more cash)
BY ROBERT COHEN
WASHINGTON -- On Capitol Hill, it's known as the annual Amtrak death dance.
The financially strapped railroad, seeking to avoid bankruptcy, pleads for increased subsidies. The White House balks, congressional supporters and detractors battle it out and at the 11th hour provide just enough money to keep the passenger rail line on the tracks.
Amtrak, the railroad that can't (without more cash), continued
Posted by
Joe E on May 2, 2005 07:17 AM
Category:
Daily News
It'll be interesting to see how this mess gets worked out, if it gets worked out at all. I know I've heard alot of grumbles about the Acela line being pulled off the rails, it just doesn't look good for Amtrak in general.
