Since its creation in 1971, Amtrak has never made a profit.
Amtrak's losses arise mostly entirely from its national network and long-distance routes.
I want to spend just a moment here and talk a little bit about CRISI and CRISI grants.
While those modes receive Federal support, they are also essential forms of transportation in high use and high demand b...
The American people have a right to know.
I am confident that, together, freight railroads and Amtrak can find common ground that benefits all parties.
I think transparency is so important.
I think the American people have a right to know.
Amtrak must work to attract customers and revenue and operate as a reasonable steward of the taxpayers' dollars.
Amtrak predicts it will lose roughly $1 billion per year, with those losses largely covered by the taxpayers.
I find it kind of disturbing in many ways that this is public transportation, billions of dollars going to it.