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Column by Paul C. Thompson
Column by James M. Brunkenhoefer
Column by Daniel W. Collins, Sr.
Ahead of the curve In bold-face type on page three of the report's executive summary is the following sentence: "The Council believes Congress should provide a stable and adequate source of federal funding for the capital needs of the NEC and other rail-passenger infrastructure." As a source of funding, the panel suggested creation of a "dedicated rail passenger transportation fund, perhaps funded by adding a new penny to the existing federal excise tax on gasoline and requiring a state match of an additional penny per gallon. Since each penny of the federal excise tax on automobile gasoline generates $1.6 billion, a penny at both the state and federal levels could raise about $3.2 billion annually." Also in the report are five options for Amtrak, including one for full privatization that the council ultimately rejected as "politically and economically impracticable." Meanwhile, in Great Britain, the privatized rail system has so deteriorated that the government has discovered it needs to spend the U.S. equivalent of $88 billion to keep the trains on the rails. Strategic Rail Authority Chairman Alistair Morton recently remarked, "Privatization was a flawed structure and did not deliver what was needed." The above examples seem to underscore that UTU members know at least as much about railroading as the "experts." We're sorry that the ARC panel and our friends overseas had to spend so much money and time only to discover what we've been saying all along. But we're ready and willing to offer our expertise to anyone willing to listen. |
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