Intercity Passenger Rail: Amtrak's Financial Crisis Threatens Continued Viability
T-RCED-97-147
Published: Apr 23, 1997. Publicly Released: Apr 23, 1997.
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Highlights
GAO discussed Amtrak and the future of intercity passenger rail in the United States, focusing on: (1) Amtrak's financial condition and progress toward operating self-sufficiency; (2) Amtrak's need for, and use of, capital funds; and (3) factors that will play a role in Amtrak's future viability.
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CapitalCost controlFederal aid to railroadsFinancial managementFuture budget projectionsLossesPassengersRailroad industryRailroad transportation operationsStrategic planningTrust fundsPassenger trains