Intercity passenger rail : increasing Amtrak's accountability for its Taxpayer Relief Act funds
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Intercity passenger rail : increasing Amtrak's accountability for its Taxpayer Relief Act funds

Filetype[PDF-80.00 KB]


  • English
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    Details:

    • Creators:
      Scheinberg, Phyllis F.
    • Subject/TRT Terms:
    • Publication/ Report Number:
      GAO/T-RCED-00-116
    • Resource Type:
      Research Paper
    • Geographical Coverage:
      United States
    • TRIS Online Accession Number:
      792199
    • Corporate Publisher:
      United States. General Accounting Office
    • NTL Classification:
      NTL-RAIL TRANSPORTATION-RAIL TRANSPORTATIONNTL-RAIL TRANSPORTATION-Rail Economics and FinanceNTL-RAIL TRANSPORTATION-Rail Laws and Regulations
    • Abstract:
      Since 1971, the federal government has provided the National Railroad Passenger Corporation (Amtrak) with $23 billion in financial support. This support includes a total of about $2.2 billion in 1998 and 1999 through the Taxpayer Relief Act of 1997 (TRA). TRA funds were to be spent on acquiring capital improvements and maintaining existing equipment in intercity passenger rail service, among other things. This testimony summarizes the findings in our recent report on this subject. More specifically, this report will discuss (1) how much Amtrak has spent in TRA funds and what types of activities it has funded, (2) whether Amtrak used the funds in accordance with the act, and (3) to what extent the Amtrak Reform Council and the Internal Revenue Service (IRS) have overseen Amtrak's use of TRA funds. Additionally, as you requested, I will offer some observations on Amtrak's capital needs, its progress toward reaching operational self-sufficiency, and the administration's fiscal year 2001 budget request for Amtrak.
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