2015 Transportation, Housing and Urban Development funding
Author: 97
Date: 05-07-2014 - 12:03
"The House Appropriations Committee released the fiscal year 2015 Transportation, Housing and Urban Development funding bill today that further tightens the budgetary screws on the national passenger rail network, precluding any chance to improve service and grow the system.
In the subcommittee draft, rail is funded at $1.4 billion, representing a reduction of $193 million below what was enacted last year. That number includes $340 million for Amtrak operations (the same as enacted in fiscal year 2014), and $850 million for capital grants and debt service (a $155 200 million reduction from FY 2014).
The House Appropriations’ figures well short of the $3.9 billion requested by NARP, which would allow Amtrak to improve the reliability of operations, as well as fund new equipment for both the national network and state corridors.