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Amtrak is a portmanteau of the words America and track. Founded in 1971 as a quasi-public corporation to operate many U.S. passenger rail routes, Amtrak receives a combination of state and federal subsidies but is managed as a for-profit organization.
The Passenger Rail Investment and Improvement Act of 2008 (originally H.R. 6003, passed as division B of Pub. L. 110–432 (text)) is a law that reauthorized Amtrak and authorized the United States Department of Transportation to provide grants for operating costs and capital expenses and to repay Amtrak's long-term debt and capital leases.
Rail subsidies vary in both size and how they are distributed, with some countries funding the infrastructure and others funding trains and their operators, while others have a mixture of both. Subsidies can be used for either investment in upgrades and new lines, or to keep lines running that create economic growth.
Amtrak has five daily round trips between Bakersfield and Oakland and a sixth branching at Stockton to Sacramento. The expansion will result in 12 trips total, six of them serving the capital.
Amtrak was saddled with decrepit, winding tracks that made high-speed travel impossible, locomotives that predate many of their passengers, and, in Maryland, a tunnel built during Reconstruction.
Corridor ID awarded $500,000 grants to study extending rail service from Milwaukee to Green Bay, Appleton, Madison, Eau Claire, La Crosse, Twin Cities.
The House of Representatives version of the bill includes $410 billion in spending. [2] This includes a 21 percent increase to a program that feeds infants and poor women, an 8 percent increase to the Section 8 voucher program, a 13 percent increase to the Agriculture Department, a 10 percent increase in Amtrak subsidies, a 10 percent increase in Congress's budget, a 12 percent increase in the ...
The Amtrak Cascades is a passenger train route in the Pacific Northwest, ... with Oregon paying two-thirds of the $1.5 million subsidy. ...