Warren Buffet? One of the richest people in the world and owner of a number of railroad companies.
From Just The News:
Feds could send billions in tax dollars to Amtrak for Northeast Corridor
The federal government could allocate nearly $6.6 billion in grants to Amtrak over the next five years for "activities associated with the Northeast Corridor."
The money is included in the $78 billion Surface Transportation Investment Act of 2021. The bill, which the Senate Committee on Commerce advanced this week, allocates $36 billion for rail projects, including $25 billion over five years for intercity passenger rail.
"This bill protects Amtrak's treasured long-distance routes, provides funding to address the Northeast Corridor project backlog, and encourages expansion of passenger rail corridors with State support," according to a fact sheet on the bill.
Buffet does not own Amtrack but he should. It has lost money since day one. It needs to be broken up and privatized.
What Warren is smiling about is that his railroad cars will be rolling over some nicely maintained track, switched in some upgraded yards, all on the taxpayer dime.
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