On the recordDecember 15, 2000
although there are a lot of good things in the bill we are about to debate, there is one glaring omission-- legislation to provide Amtrak with the authority to issue tax credit bonds for capital improvements. This bonding authority is critical to Amtrak's future and to the economic health of the northeast and many other areas of the country. I have discussed this issue with members of my caucus. We had a very spirited discussion in our caucus this morning, and I know how strongly they support Amtrak and this legislation. We are very disappointed this provision was not included in this otherwise praiseworthy legislation. Amtrak supporters will not give up on passing it. In order to help them secure enactment of this important measure next year, the majority leader and I have discussed and agreed on how best to proceed. I yield the floor to allow the majority leader to describe what that understanding is at this time. The PRESIDING OFFICER. The majority leader.
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