Word: amtraks
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...people have answered. Railroad slang for privately owned stock is "private varnish," and a magazine by that name is sent to some 3,000 train buffs. The American Association of Private Railroad Car Owners has 157 full and 240 associate members, and 230 cars are registered in Amtrak's Washington headquarters, most of them lavishly furnished and all fully functional as surefire jealousy inducers...
Highway programs would be cut 5 percent in the House plan, and mass transit cut 10 percent. Amtrak, however, would have its budget slightly increased...
...cutbacks in domestic spending are anything but minor. The President proposes to wipe out completely a wide range of federal programs. The Interstate Commerce Commission, the Small Business Administration and subsidies to Amtrak form just a small part of the hit list. Reagan would also sell to private investors a clutch of federal assets, including Government petroleum reserves and five federal electric-power facilities...
Kennedy also advocates reducing postal subsidies and eliminating long-distance Amtrak subsidies, which he has said support the "nice romantic idea" of cross-country rail travel with few real benefits to the country...
...those cuts, Miller added some zingers of his own: elimination of funding to aid highway safety; deep, possibly fatal reductions in the Public Health Service's organ-transplant network; and the end of many child abuse-prevention grants. He would also eliminate Amtrak subsidies, rejected by Congress this year because it would effectively end long-haul passenger trains...