OPPORTUNITIES FOR AMTRAK TO BUILD ON ITS INITIATIVES TO IMPROVE EFFICIENCY AND EFFECTIVENESS

Thank you for the opportunity to discuss how improvements in the efficiency and effectiveness of Amtrak’s operations and service can lead to financial benefits and help reduce Amtrak’s reliance on federal subsidies. The company received $562 million and $466 million from the federal government for operations in Fiscal Years (FY) 2011 and 2012, respectively. The company also received $922 million and $952 million from the federal government for general capital and debt service in FYs 2011 and 2012, respectively.