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<classification authority="sudocs">GA 1.13:T-RCED-94-186</classification>
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 <subject>Railroad transportation operations</subject>
 <subject>Transportation industry</subject>
 <subject>Administrative costs</subject>
 <subject>Equipment maintenance</subject>
 <subject>Differential subsidies</subject>
 <subject>Financial management</subject>
 <subject>Federal aid for transportation</subject>
 <subject>Proposed legislation</subject>
 <subject>Losses</subject>
 <subject>Mass transit operations</subject>
 <identifier>Amtrak Northeast Corridor Improvement Project</identifier>
 <identifier>Beech Grove (IN)</identifier>
 <identifier>Bear (DE)</identifier>
 <identifier>DOT Essential Air Service Subsidy Program</identifier>
 <identifier>High-Speed Rail Development Act of 1993</identifier>
 <identifier>Amtrak Northeast Corridor</identifier>
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 <title>Amtrak: Key Decisions Need to Be Made in the Face of Deteriorating Financial Condition</title>
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<abstract>The proposed fiscal year 1995 authorization should help Amtrak address
its growing operating deficit.  However, it will not resolve the costly
challenges facing Amtrak in both the near and the longer term.  For
Amtrak to continue nationwide service at its present level, boost
service quality and reliability, and improve its overall financial
condition, it requires substantial operating and capital funding.  In
Europe, where competitive conditions are more conducive to rail travel,
intercity passenger service has required substantial public funding.  In
the United States, only a few well-traveled routes may ever generate
enough revenues to cover operating costs.  Amtrak and the federal and
state governments must decide whether Amtrak is to continue its present
course, expand into areas such as high-speed rail service outside the
Northeast corridor, or limit its operations to those routes where losses
can be minimized.  Under any scenario, federal and state support will
need to be commensurate with the assigned task.</abstract>
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<identifier type="preferred citation">GAO/T-RCED-94-186</identifier>
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<note>Testimony</note>
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<subject>
 <topic>Railroad transportation operations</topic>
 <topic>Transportation industry</topic>
 <topic>Administrative costs</topic>
 <topic>Equipment maintenance</topic>
 <topic>Differential subsidies</topic>
 <topic>Financial management</topic>
 <topic>Federal aid for transportation</topic>
 <topic>Proposed legislation</topic>
 <topic>Losses</topic>
 <topic>Mass transit operations</topic>
 <topic>Amtrak Northeast Corridor Improvement Project</topic>
 <topic>Beech Grove (IN)</topic>
 <topic>Bear (DE)</topic>
 <topic>DOT Essential Air Service Subsidy Program</topic>
 <topic>High-Speed Rail Development Act of 1993</topic>
 <topic>Amtrak Northeast Corridor</topic>
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