Past and Future of US Passenger Rail Service

This Congressional Budget Office (CBO) study -- prepared at the request of the Senate Budget Committee -- reviews past policies toward Amtrak & the fundamental economics of passenger rail service. The review suggests that there are only limited conditions under which passenger rail service in the U.S. could be economically viable without subsidies. This study also explores the implications of four options for future federal support of passenger rail, ranging from eliminating federal subsidies to funding a massive expansion of rail service. In keeping with CBO's mandate to provide objective, impartial analysis, the study makes no recommendations. Charts & graphs.Holtz-Eakin, Douglas is the author of 'Past and Future of US Passenger Rail Service', published 2003 under ISBN 9780756738860 and ISBN 0756738865.