(Source: Bloomberg, March 27, 2013)
WASHINGTON, D.C. — Amtrak will ask Congress for 16 percent less in operating subsidies for next year after recording its smallest annual loss in 38 years. Amtrak will seek $373 million in operating support, compared with the $443 million it’s getting this year. It didn’t specify how much it will seek for capital improvements. The Washington-based railroad will submit to Congress today its request for its 2014 fiscal year budget, said Steve Kulm, a spokesman.
Full story: Bloomberg