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Amtrak-take a ride on the tax payer express!
alledan
Member Posts: 19,541
Rough ride for Amtrak Email story to a friend Washington-AP -- It's been a rough ride for Amtrak.A new government report says the national passenger railway lost more than a (b) billion dollars last year, the most in its 30-year history.It also says Amtrak is no closer to being financially self-sufficient than when Congress ordered reforms in 1997.The study offers ammunition to critics who say Amtrak isn't able to break away from government funding. The Amtrak Reform Council wants to break up Amtrak and open passenger rail service to competition.On the other hand, the report praises Amtrak for boosting ridership and echoes the railway's perennial plea for greater federal investment in rail.The report says it's not clear if any entity could ever operate the system without government subsidies.
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"They that would give up liberty to obtain safety deserve neither liberty nor safety"Benj. Franklin, 1759
when all else fails........................