September 13, 1995 in Nation/World

Amtrak Seeks Part Of Gasoline Tax

Compiled From Wire Services
 
Tags:briefly

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.

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