GOP unveils plan to privatize Amtrak rail service
House Republicans rolled out their plan to privatize rail service in the northeast that is currently provided solely by Amtrak Tuesday, saying private companies could achieve high-speed rail there faster and cheaper than the federally-subsidized national passenger rail service.
House Transportation and Infrastructure Committee Chairman Rep. John Mica (R-Fla.) told reporters that the bill, which he said would be introduced next Tuesday, could achieve high-speed rail in 10 years. Amtrak currently has a 30 year plan.
Mica added that the privatization plan would cost less than Amtrak’s $117 billion plan, which he said was important giving the current political climate in Washington. Mica also said that doesn’t think the Amtrak trains would be true high-speed.