By Peter De Keles

Author  Bio The Alaska Railroad said Thursday that Congress has struck a deal to save it from a massive budget cut that could have meant large-scale layoffs.

Title:	Deal saves Alaska Railroad from massive budget cut
Publication:	The Anchorage Daily News
Date:	06/29/12
LSOL.com Rating
Category	Real Trains
Overview	Railroad officials said Alaska U.S. Rep. Don Young's office told them Thursday the railroad should expect a $4 million cut instead of the $30 million cut the U.S. Senate wanted. The Alaska Railroad has $135 million in bonds backed by federal dollars, money that pays for track work, collision avoidance technology and equipment. Link to Alaska Railroad website Read more here: http://www.adn.com/2012/06/28/2524359/deal-saves-alaska-railroad-from.html#storylink=cpy Read more here: http://www.adn.com/2012/06/28/2524359/deal-saves-alaska-railroad-from.html#storylink=cpy
URL Link	Link to Full Story - Might still not be available online.

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