Sec. 2. FINDINGS
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## SEC. 2 FINDINGS The Congress finds that— ####
(1)intercity rail passenger service is an essential component of a national intermodal passenger transportation system; ####
(2)Amtrak is facing a financial crisis, with growing and substantial debt obligations severely limiting its ability to cover operating costs and jeopardizing its long-term viability; ####
(3)immediate action is required to improve Amtrak's financial condition if Amtrak is to survive; ####
(4)all of Amtrak's stakeholders, including labor, management, and the Federal Government, must participate in efforts to reduce Amtrak's costs and increase its revenues; ####
(5)additional flexibility is needed to allow Amtrak to operate in a businesslike manner in order to manage costs and maximize revenues; ####
(6)Amtrak should ensure that new management flexibility produces cost savings without compromising safety; ####
(7)Amtrak's management should be held accountable to ensure that all investment by the Federal Government and State governments is used effectively to improve the quality of service and the long-term financial health of Amtrak; ####
(8)Amtrak and its employees should proceed quickly with proposals to modify collective bargaining agreements to make more efficient use of manpower and to realize cost savings which are necessary to reduce Federal financial assistance; ####
(9)Amtrak and intercity bus service providers should work cooperatively and develop coordinated intermodal relationships promoting seamless transportation services which enhance travel options and increase operating efficiencies; ####
(10)Amtrak's Strategic Business Plan calls for the establishment of a dedicated source of capital funding for Amtrak in order to ensure that Amtrak will be able to fulfill the goals of maintaining— #####
(A)a national passenger rail system; and #####
(B)that system without Federal operating assistance; and ####
(11)Federal financial assistance to cover operating losses incurred by Amtrak should be eliminated by the year 2002. **[**[49 U.S.C. 24101](/us/usc/t49/s24101) nt**]** # TITLE I REFORMS ## Subtitle A Operational Reforms
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