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T O P I C     R E V I E W
Gilbert B Norman
Member # 1541
 - posted
Buddy, can you spare a B?

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.
 
Ocala Mike
Member # 4657
 - posted
Why not? Everyone else has their hand out. At least, Amtrak didn't do stock buybacks and fellate their CEO.
 
Gilbert B Norman
Member # 1541
 - posted
The Wall Street Journal reports "Amtrak got its B":
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.
 



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