Sen. McCain's Bill Aims to Restructure Amtrack Into Two Components

Sanchez, Humberto
April 2004
Bond Buyer;4/15/2004, Vol. 348 Issue 31863, p4
Trade Publication
Introduces legislation by Senator John McCain, a Republican from Arizona, that would reform the financially troubled railroad in the U.S. Plan of separating Amtrak into two components; Establishment of a corridor development program in which U.S. states would apply for federal funds to cover up half the of the cost of rail infrastructure projects; Concern of rail advocates that the plan might shut down the long-distance train routes.


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