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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release February 28, 2000

STATEMENT BY THE PRESIDENT

There has never been a better time to expand our investment in Amtrak and the nation's passenger railways. The number of Americans relying on Amtrak has continued to grow for three years in a row. And through sound financial management, Amtrak continues its movement toward viability.

Therefore, this year I am asking Congress to increase Amtrak funding by more than $400 million -- or more than 70% -- in order to make investments to expand Amtrak routes and provide even more efficient service, laying the foundation for high speed rail. With this major funding increase this year, we can help ensure a thriving passenger rail system for many years to come.

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