President Joe Biden — perhaps the nation’s biggest Amtrak fan — is set to promote new federal investments for trains on the heavily trafficked Northeast Corridor.
The Democratic president is headed to Bear, Delaware, on Monday to announce more than $16 billion in new funding that will go toward 25 passenger rail projects between Boston and Washington, the White House says. Bear is located about 12 miles (20 kilometers) from Biden’s home of Wilmington.
His remarks will be held at the Amtrak Bear Maintenance Shops, where trains are maintained and repaired. The investments, the White House says, will help trains run faster, cut delays and create union jobs.
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Yes. Taxpayer money to for-profit corporations that have been posting record profits for years!
‘based’ Joe! Lol.
Rubes.
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How much do their executives get paid?
Profit can easily be manipulated by just raising salaries. All of a sudden its a business expense and not profit.
But surely you understand this, right? Clown?
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Okay. Would you rather talk about their overpaid executives?
You’re just trying to avoid admitting that they have the money for these projects, but it’s being funneled to a few people who don’t do any actual work.
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I’m not going to do your research for you.
If you want to believe that they’re just scraping by and need taxpayer handouts to expand, then I’ve got a bridge to sell you.
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Why don’t you look this shit up instead of asking ill-conceived, leading questions?
Amtrack is a public corporation that is for all intents and purposes owned by the federal government. The executives make an average of $250k a year, ranging from ~$50k to $650k. That’s slightly less (from what I can find) that what BNSF pays their executives.