Despite $27 billion in federal subsidies, Amtrak is still one more government bailout away from bankruptcy. In End of the Line: The Failure of Amtrak Reform and the Future of America’s Passenger Trains (AEI Press, December 2004), Amtrak advocate-turned-critic Joseph Vranich argues that reform efforts have failed and Amtrak must be replaced. If not, Amtrak will continue to waste billions of taxpayers dollars. A former member of the Amtrak Reform Council, Vranich prescribes how to separate the future of passenger rail service from the future of Amtrak. He suggests maximizing public investments through a franchising and devolvement process. Please join the author and other experts for a lively discussion of the problems facing Amtrak and the possible solutions for ensuring a viable U.S. rail system.