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Article: Amtrak, Bush administration reach final deal: Systemwide train shutdown averted
- Article from:
- Charleston Gazette
- Article date:
- June 29, 2002
- Author:
CopyrightCopyright 2002 Charleston Gazette. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON - Amtrak and Bush administration officials closed a
deal late Friday to help Amtrak get the $200 million it needs to keep
passenger trains running through September.
The deal helps Amtrak avert the first systemwide shutdown in its
31-year history, which had been threatened to begin next week.
The Transportation Department will give Amtrak an immediate $100
million loan, then will join with Amtrak in asking Congress to
provide the remainder.
"Our goal was to ensure uninterrupted service for the over 750,000
Americans who rely on Amtrak and our nation's commuter rail service
every day, and we have accomplished that goal," Transportation