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CED-80-90 1 (1980-06-27)

handle is hein.gao/gaobabash0001 and id is 1 raw text is: 


BYT HE  WMPTROLLER GENERAL



Report To The Congress

OF THE UNITED STATES


Federal Assistance To

Rehabilitate Railroads

Should Be Reassessed



Title V of the Railroad Revitalization and Re-
gulatory Reform Act of 1976 authorized $1.6
billion in assistance to the Nation's railroads.
Eight railroads have rehabilitated more than
2,100 miles of track and restored 8,800 loco-
motives and freight cars under the program.

Despite the program's past benefits, there is
little demand for further assistance solely to
overcome deferred maintenance. GAO suggests
several matters for the Congress to consider in
evaluating the need for more Federal assistance.














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  CED-80-90
JUNE 27, 1980

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