(Source: Reuters, February 10, 2020)
WASHINGTON, D.C. — The White House budget released on Monday proposed cutting funding for the U.S. government-owned passenger rail carrier Amtrak while calling for a significant hike in infrastructure spending and killing a clean energy auto loan program. The proposal would cut Amtrak funds in fiscal 2021 by more than 50% over 2020 levels. It could cut funds to the congested northeast corridor from $700 million to $325 million and cut long-distance train funds from $1.3 billion to $611 million, then phase out support for Amtrak’s long-distance trains.
Full story: Reuters