Re: Trump’s Budget: May Zero Out FTA, Amtrak operating, Tiger Grants? (1424908) | |||
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Re: Trump’s Budget: May Zero Out FTA, Amtrak operating, Tiger Grants? |
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Posted by Joe V on Sun Jan 22 08:13:47 2017, in response to Re: Trump’s Budget: May Zero Out FTA, Amtrak operating, Tiger Grants?, posted by Olog-hai on Sat Jan 21 20:31:56 2017. But he didn't say the US Treasury would fund it. So what he's talking about is private capital in return for private ownership and tolling, maybe throw a bone at Gateway project with some Port Authority money.That has nothing whatever to do with running Amtrak's national network, which OMB, now headed by a Tea Party founder from Congress, will want shut down by October 1. Last year, Ryan wanted the RR retirement system abolished and merged into Social Security, even though it is project to be solvent for another 50 years. Amtrak is 9% of the railroad employment. Shutting them down would bankrupt the fund. Now connect the dots and it is obvious what the Republicans have in mind. |