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Amtrak: Deteriorated Financial and Operating Conditions Threaten Long-Term Viability

Amtrak's Financial Situation

United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine

Published: 1998

Total Pages: 108


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A hearing held to look at the current financial situation of Amtrak and to determine the best way to handle Amtrak's fiscal and financial situation, including the best way to address capital needs. Witnesses include: Thomas M. Downs, Pres. and CEO, Amtrak; Donald M. Itzkoff, Deputy Administrator, Federal Railroad Admin., U.S. Dept. of Transportation; Phyllis F. Scheinberg, Assoc. Dir., Transportation Issues, Resources, Community, and Economic Development, General Accounting Office; Karen Borlaug Phillips, Assoc. of American Railroads; and Senators Kay Bailey Hutchison, John McCain, Ron Wyden, Daniel K. Inouye, and John F. Kerry.