Re:U.S. Passenger Rail Ridership (2013)
by rayiner on Sunday December 07, 2014 @07:23PM
(#8714267)
The northeast corridor has a major capital expenditure backlog due to years of poor financing, about $21 billion. On an ongoing basis, the required capex is probably about a billion a year, about half of which can be paid by operational surpluses. The rest should be borne by a group of states, the same way NY/NJ/CT maintain the commuter and airport infrastructure in those states.
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