Federal Assistance to Rehabilitate Railroads Should Be Reassessed

摘要

Title V of the Railroad Revitalization and Regulatory Reform Act of 1976 authorized $1.6 billion in assistance to the Nation's railroads. Eight railroads have rehabilitated more than 2,100 miles of track and restored 8,800 locomotives and freight cars under the program. Despite the program's past benefits, there is little demand for further assistance solely to overcome deferred maintenance. GAO suggests several matters for the Congress to consider in evaluating the need for more Federal assistance.