Amtrak lost $1.1 billion in 2001, the most in its 30-year history, and is no closer to being financially self-sufficient than when Congress ordered reforms in 1997, according to a new government ...

Ronald Utt is the Herbert and Joyce Morgan Senior Research Fellow. Threatening to erode the already shrinking budget surplus are two costly proposals to bail out Amtrak, America's perennially troubled ...

Amtrak on Friday threatened to discontinue all long-distance train service in October if Congress doesn't give it $1.2 billion in the next budget year. The national passenger railroad, facing a ...

Amtrak lost $1.1 billion in 2001, the most in its 30-year history, and is no closer to being financially self-sufficient than when Congress ordered reforms in 1997, according to a new government ...

Amtrak and its supporters frequently argue that a key reason for Amtrak's manifest deficiencies is the "unfair treatment it receives within the federal budget." A typical example is the statement of ...