Monday, January 24, 2011

Branstad's Not Liking State Subsidies for New Amtrak Service

Gov. Branstad's got a problem with possible $3-million/year state subsidy for a proposed Amtrak line from Iowa City to Chicago. The Governor says the $310 million project, which involves Illinois, includes money to upgrade the Iowa Interstate Railroads tracks, and he says the railroad could be asked to help pay for part of it. If the Iowa doesn't provide matching funds, the state will lose $80 million in federal funds already committed.

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