(Reuters issued the following on June 15, 2011.)
WASHINGTON, D.C. — Legislation proposed on Wednesday would open ownership of Amtrak’s Northeast operations to private investment as a catalyst for developing high-speed service on the heavily used route.
U.S. Representative John Mica, chairman of the House of Representatives Transportation Committee, is promoting a bill that would transfer ownership of Amtrak’s Northeast Corridor crown jewel to the Transportation Department.
The agency would then establish a committee that would manage infrastructure and operations between Washington, New York and Boston.
Full story: Chicago Tribune