Amtrak set to get $1 billion from coronavirus bailout bill - Business Insider

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Amtrak is set to get over $1 billion from the coronavirus bailout after its ridership was decimated

"We must conserve our resources, putting them to use as efficiently as possible and in ways that continue to drive safety and advance our future, so that when things get back to normal, we are ready to grow and prosper," Stephen Gardner, senior executive vice president and chief operating and commercial officer,

Instead of breaking even, Amtrak was last week projecting a financial loss of $840 million, according to the Wall Street Journal. It's not clear how the cash infusion will affect that forecast. We want to hear from you. Get in touch with this reporter at grapier@businessinsider.com, through the secure messaging app Signal at 376-6102, or on

 

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Almost the same amount as New York State which is considered the epicenter. Does that make sense?

Pathetic. They should get $0

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