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Gunn says that they will borrow the $200M and pay it back sometime in 2003 with the $1.2B subsidy, but will they HAVE the money to pay it back?

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Good question. That will essentially knock down teh $1.2 billion to $1 billion. But since $1 billion is almost twice as much as they got last year, they may be able to make do, especially if Gunn manages to clean out the dead weight in management.

But it should be noted that in yesterday's Lehrer interview, Gunn indicated the chance of getting the loan was about 50-50. Hardly a sure thing. But if Amtrak does shut down across the board, you can bet there will be some scrambling in Congress to find the money.

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Trust God, love your neighbor, and never mistake opinion for truth.
-Mr. Toy

Do I believe Mr. Gunn will shut down Amtrak if the loans do not come through?....YES

Do I think Amtrak will shut down?....NO

I am confident that the $200M funding will be obtained....placing the NRPS even deeper in debt. This what really worries me.