Amtrak Seeks Part Of Gasoline Tax
The president of Amtrak says his railroad could be weaned from taxpayer operating subsidies soon after the turn of the century if - and it’s a big if - it gets some capital help.
The passenger railroad is seeking a share of the federal gasoline tax to solve its money problems.
“We think we can meet the target of being subsidy-free in 2001 or 2002,” Thomas M. Downs told a news conference Tuesday.
Downs proposed that one-half cent of the current gasoline tax be dedicated to Amtrak capital funding.