Tag: Amtrak

Senate Committee Approves FY2025 THUD Budget: What it Means for Railway and Amtrak

Written by NARVRE. Posted in Alerts and News.

On Thursday, July 25th, the U.S. Senate Committee on Appropriations made a remarkable move by approving the Fiscal Year 2025 Transportation, Housing, and Development (THUD) budget. This decision is vital for advancing railway infrastructure and operations in the United States. The approved budget allocates $3.46 billion for federal rail programs and $17 billion for the Federal Transit Administration. This funding encompasses various vital aspects such as Amtrak operations, the Federal Railroad Administration’s (FRA) Safety and Operations Budget, the Federal-State Partnership for Intercity Passenger Rail Program, the Consolidated Rail Infrastructure and Safety Improvements (CRISI) Grant Program, and the Capital Investment Grants (CIG) program. The substantial financial support for the FY2025 THUD budget is expected to positively impact our NARVRE members and railway enthusiasts nationwide.

Details Concerning the Fiscal Responsibility Act of 2023 and Amtrak Funding

Written by NARVRE. Posted in Alerts and News.

After several months of warnings and four days before the U.S. Treasury debt default, Congress finally passed a legislative compromise raising the nation’s borrowing limit. The House approved the Fiscal Responsibility Act of 2023 with a vote of 314-117, followed by the Senate with a vote of 63-36 the following evening. The President signed the bill into law on June 3, 2023.

An Update on New Legislation from Washington D.C.

Written by NARVRE. Posted in Alerts and News.

As NARVRE officials, we consider it our duty to report to you ALL the facts from Washington, D.C., so you do not miss anything. This is just one of the perks of being a member of NARVRE.