'Amtrak Joe' Biden is off to Delaware to give out $16 billion for passenger rail projects
'Amtrak Joe' Biden is off to Delaware to give out $16 billion for passenger rail projects
President Joe Biden is promoting new cash for Amtrak. Biden is off 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.
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.
You're viewing a single thread.
Holy based Joe Biden
Yes. Taxpayer money to for-profit corporations that have been posting record profits for years!
'based' Joe! Lol.
Rubes.
Amtrack has never once been profitable. Clown
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?
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.
"Record profts every year"
Called out
"Well actually"
Goal post circustry
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.
Do me a favor and check how much these executives make. Please. Tell me how much free money they have to make massive infrastructure projects.
Next time try to actually know the minimal amount of information about something before you default to your blind talking point spiel. It's really embarrassing
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.
Uh huh. Makes false statements and then tells me to do my own research after proving you are full of shit. W/e I suppose. You clearly didn't know anything which is hilarious. How embarrassing. Actual anti-vax behaviors
"Stephen Gardner, who became Amtrak’s chief executive this year, has received more than $766,000 in short-term incentive bonuses since 2016, more than any other executive."
800k is a lot of money, but for a CEO in the US that is well below the average. And even if none of the executives got even a single penny that hardly would account for a fraction of infrastructure expansion.