From NARP:

The appropriations process determines how much money federal programs will get in Fiscal 2012, which starts October 1, 2011. Although the first step in the formal House appropriations process is not expected until mid-July, it seems certain that the subcommittee will impose a crushing funding reduction on Amtrak, possibly zeroing out the national network and limiting capital funding to the bare minimum needed to avoid bankruptcy.

Go here to take action on their alert.