Rolling Disaster

William Tucker is a Senior Fellow of Discovery Institute

End of the Line: The Failure of Amtrak Reform and the Future of America's Passenger Trainsby Joseph Vranich
(AEI Press, 204 pages, $25)

Once again, Amtrak is before Congress asking for another handout. Having lost $600 million last year — about average for the 34 years of its existence — the company is once again begging Congress for money.

This time, however, the Bush administration plans to end the charade that Amtrak will one day become profitable. It wants to end the handouts, making Amtrak compete like any private company. Democrats, of course are opposed. They love any government program — even those created by the Nixon administration. Before they begin their annual last-ditch stand, however, they would do well to read Joseph Vranich's new book.

A former public affairs spokesman at Amtrak, Vranich has one thing to say about Amtrak — it's a rolling disaster. The government-owned corporation now regularly requires nearly $1 billion a year in subsidies. It is drowning in debt. Two years ago it mortgaged New York's Penn Station for $300 million to pay three months' operating losses.

Nearly empty trains roll through Iowa and Montana, subsidizing passengers at a rate of $300 per ride. Meanwhile New York's cross-Hudson tunnels are a disaster waiting to happen because Amtrak won't spend the money to improve fire protection and escape routes.