Perhaps it’s now worth reminding folks (or informing, for the first time, those unaware of the process) that there’s a difference between authorization and appropriation. A $66 billion authorization means nothing if the money does not get appropriated in the annual budget.
At best, you *might* get one year’s appropriation before the midterm elections. If we have a functioning government, you might even get a couple more years, or it might get whittled away in the name of “deficit reduction” or something. Then it’s up to whoever wins the 2024 presidential election to put the funding into the budget, and whoever is in the house and the senate to either agree with that budget or make whatever amendments they will make.
Amtrak’s history is littered with authorized money that never made it to their bank account.
All told, I will eat my hat if Amtrak gets $66 billion in the next 10 years.
The $66 Billion is not authorization. It is appropriation for disbursement over the next five years and has to be spent within the next ten years. There is an additional ~$40 Billion that is the normal authorization over the next five years.
The confusion arises because multiple original bills were stapled together to vote on as a single package as a matter of legislative convenience. Among others, the Infrastructure Bill which is almost all appropriation, was stapled with the 5 year DoT Authorization Bill (including Amtrak), and a few other Authorizations.
The $66 Billion is in the Infrastructure appropriated part, and the a little less than $40 Billion authorization over 5 years is in the DoT Authorization part. That part also contains the Amtrak Board restructuring and redefinition of its reason for existence.
Hope this clarifies more than it confuses. RPA has a good writeup on this, I'll look for it and post a link when I find a little more time.
As a matter of covering all bases I would point out that uncommitted portions of appropriated money can always be rescinded. Nothing is quite certain in life. OTOH, the bill did pass with considerable bipartisan support, so that is something to consider too.
Here is the breakdown in the RPA article:
Rail Passengers has provided a breakdown of the Investment in Infrastructure and Jobs Act (IIJA)’s passenger rail highlights, looking at both funding and policy reforms.
www.railpassengers.org
Everything under Infrastructure (orange title) is appropriation. Stuff above that is authorization. At present FY22 is running under continuing resolution at the same level as FY21, pending passage of a FY2022 budget.