Introduction 1

Regulatory Background 1

Potential Funding Issues 2

Funding Levels for Amtrak 2

Competitive Discretionary Grants 3

Federal-State Partnership for Intercity Passenger Rail Grant Program 4

Consolidated Rail Infrastructure and Safety Improvement Program 4

Railroad Crossing Elimination Grant Program 5

Corridor Identification and Development Program 5

Restoration and Enhancement Grant Program 6

Dedicated Funding for Rail 6

Potential Safety Issues 7

Blocked Crossings 7

Crew Size 8

Potential Rail Industry Issues 8

Freight Rate and Service Disputes9

Car Service Default Rates 9

Mergers and Acquisitions 10

Cargo Theft 11