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CED-80-56 1 (1980-03-10)

handle is hein.gao/gaobabala0001 and id is 1 raw text is: 

C ~-   -


REPO RT R t H                        ..... ........10



Comptroller General RELEASE


OF THE UNITED STATES


Conrail's Reduced Capital Program

Could Jeopardize The Northeast

Rail Freight System


Because of limited funds, Conrail is planning
to reduce its spending on track rehabilitation,
additions and improvements to the physical
plant, and equipment. GAO believes such cut-
backs, which are similar to the strategy which
contributed to the collapse of the Northeast
rail system, would pose an unacceptable risk
to the Federal investment in Conrail.


112030


    CED-80-56
MARCH 10, 1980


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