(Source: Reuters, March 19, 2020)
WASHINGTON, D.C. — As the coronavirus outbreak threatens to bring U.S. economic activity to a grinding halt, American businesses are jockeying for a financial lifeline from the administration of President Donald Trump. Many have asked Washington, D.C., or state lawmakers for aid to offset the economic fallout of the coronavirus. U.S. railroad Amtrak said on Monday that the passenger rail service and its state partners need $1 billion in government assistance after a dramatic decline in travel because of the coronavirus outbreak. Amtrak said bookings had plunged 50% since the outbreak.
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