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Saving Amtrak
ResumeLast week Amtrak President David Gunn threatened a shutdown of the nation's passenger rail system.
The Bush administration is offering up a $120 million loan package that will keep the trains running, for now, but the company has not turned a profit in over 30 years. What is the future of rail transport in America?
This hour, should Amtrak go bankrupt or be saved? At what cost? What is the future of rail transport in America?
Guests:
Wendell Cox, Visiting Fellow at The Heritage Foundation and a member of the Amtrak Reform Council, appointee to the LA County Transportation Commission
Ross Capon, Executive Director of the National Association of Railroad Passengers
This program aired on June 25, 2002.