by electricron
http://www.siouxcityjournal.com/news/op ... edd02.html
According to a report issued by the government in June, Amtrak is in its worst financial shape ever. The national passenger railroad is carrying debt topping $3 billion, and it lost $944 million last year alone, despite a growing ridership of 22.5 million passengers.
It's a subsidy, not a loss....
Never-the-less, is Amtrak in its worst financial shape ever?
According to a report issued by the government in June, Amtrak is in its worst financial shape ever. The national passenger railroad is carrying debt topping $3 billion, and it lost $944 million last year alone, despite a growing ridership of 22.5 million passengers.
It's a subsidy, not a loss....
Never-the-less, is Amtrak in its worst financial shape ever?