(Source: Bloomberg, March 27, 2013)
WASHINGTON, D.C. — Amtrak has asked Congress to more than double its capital budget so it can buy more trains and improve infrastructure. In a letter today to Vice President Joe Biden and House Speaker John Boehner, Amtrak CEO Joe Boardman asked for $2.1 billion in U.S. funds for its capital budget and $212 million for debt service for the 2014 fiscal year. In the 2013 fiscal year, Amtrak is receiving $905 million for those expenses.
Full story: Bloomberg