The Wall Street Journal reports that Amtrak will seek an additional $1B to do what was almost being done out of the farebox - pay people, buy gas, clean bed linens.
Posted by Ocala Mike (Member # 4657) on :
Why not? Everyone else has their hand out. At least, Amtrak didn't do stock buybacks and fellate their CEO.
Posted by Gilbert B Norman (Member # 1541) on :
quote:.Railroads National passenger railroad Amtrak secured about $1 billion to cover revenue losses related to the coronavirus. The railroad industry won enhanced unemployment benefits that account for its workers not being covered under traditional state-run unemployment programs. Railroad workers instead receive unemployment benefits under a program administered by the Railroad Retirement Board. The bill removes a seven-day waiting period to collect unemployment and provides $50 million to cover the benefits tied to that waiver. It also provides $425 million to double biweekly unemployment payments to $1,200 through July. —Paul Ziobro
From the caption, it appears the industry as a whole only got liberalized RRUI benefits for its displaced employees - nothing when compared with the airlines and Boeing.