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Fiftieth Anniversary of a Loser

San Francisco Chief,
Super Chief. The next day, Amtrak killed all of them except the
Empire Builder (and it killed the leg to Portland),
Super Chief, and
City of San Francisco (which was cut to three days a week). That’s a loss that’s hard to forgive.
Business analysts remember that the idea of a national passenger railroad was sold to Congress as a profitable enterprise, but it turned out to be a big money loser. Rather than a normal government agency, Amtrak was created as a for‐profit corporation with stockholders and, potentially, investors. The railroads were supposed to give it seed money based on the amount of money they claimed they had lost in the previous three years. After spending that to get started, Amtrak was supposed to make money. ....

United States , City Of San Francisco , San Francisco , Los Angeles , Anthony Haswell , Portland Rose , President Biden , West Coast , Empire Builder , Western Star , North Coast Limited , San Francisco Chief , Super Chief , Charles Lave , Northeast Corridor , Passenger Trains , American Jobs Plan , ஒன்றுபட்டது மாநிலங்களில் , நகரம் ஆஃப் சான் பிரான்சிஸ்கோ , சான் பிரான்சிஸ்கோ , லாஸ் ஏஞ்சல்ஸ் , அந்தோணி ஹஸ்வெல் , போர்டிலந்ட் உயர்ந்தது , ப்ரெஸிடெஂட் பிடென் , மேற்கு கடற்கரை , பேரரசு பில்டர் ,

Biden celebrates and prepares to expand Amtrak despite decades of cost overruns and bad service

Fox News Flash top headlines are here. Check out what s clicking on Foxnews.com.
President Biden headed Friday to Philadelphia to celebrate Amtrak’s 50-year anniversary and push for better funding of rail service that has a decades-long history of red ink.
As a former senator from Delaware, Amtrak Joe famously rode the train between his home in Wilmington and Washington, D.C., every day.
So it s perhaps not surprising that tucked into Biden’s American Jobs Plan is $80 billion earmarked for Amtrak, funding the railway he has said is necessary to rebuild the Northeast Corridor and address $45 billion in backlogged repairs. ....

United States , Anthony Haswell , Randal Otoole , Government Affairs For The Rail Passengers Association , Congressional Budget Office , Cato Institute , President Biden , American Jobs Plan , Northeast Corridor , Randalo Toole , Fox News , New York , Street Station , Government Affairs , Rail Passengers Association , ஒன்றுபட்டது மாநிலங்களில் , அந்தோணி ஹஸ்வெல் , ரேண்டல் ஓத்தூலே , காங்கிரஸ் பட்ஜெட் அலுவலகம் , கேட்டோ நிறுவனம் , ப்ரெஸிடெஂட் பிடென் , அமெரிக்கன் வேலைகள் திட்டம் , வடகிழக்கு தாழ்வாரம் , நரி செய்தி , புதியது யார்க் , தெரு நிலையம் ,