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Home >  Events >  Amtrak: Thirty-Five Years of Subsidies, Waste, and Deception
Amtrak: Thirty-Five Years of Subsidies, Waste, and Deception
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Start:  Monday, May 1, 2006  9:00 AM
End:  Monday, May 1, 2006  10:30 AM
Location:  Wohlstetter Conference Center, Twelfth Floor, AEI
1150 Seventeenth Street, N.W., Washington, D.C. 20036
Directions to AEI

Amtrak was launched on May 1, 1971, with the promise to revive America’s intercity passenger trains. Thirty five years later, many believe that America’s experiment with nationalized rail service has failed. Although it was supposed to become self-sufficient within a few years of its inception, Amtrak has absorbed $30 billion in federal subsidies and has repeatedly threatened to shut down the nation’s key rail lines when faced with cash shortfalls. For many years Amtrak ignored making safety improvements on its busiest and most vulnerable routes while plowing capital dollars into lightly used long-distance trains. Should taxpayers continue to pay for Amtrak’s mistakes, or should its thirty-fifth birthday mark the start of a new era for America’s passenger trains?

 

8:45 a.m.
Registration
 
 
 
 
9:00
Introduction:
James K. Glassman, AEI
 
Panelists:
Joseph Vranich, author of End of the Line: The Failure of Amtrak Reform and the Future of America’s Passenger Trains
 
 
Ron D. Utt, Heritage Foundation
 
 
Wendell Cox, demographic and transport consultant
 
 
Iain Murray, Competitive Enterprise Institute
 
Moderator:
James K. Glassman, AEI
 
 
 
10:30
Adjournment
 

More Information
Lauren Campbell
American Enterprise Institute
 1150 Seventeenth Street, N.W.
Washington, DC  20036
Phone: 202-862-4878
Fax: 202-862-4875
E-mail: LCampbell@aei.org

Media Inquiries
Veronique Rodman
American Enterprise Institute
 1150 Seventeenth Street, N.W.
Washington, DC  20036
Phone: 202-862-4870
E-mail: VRodman@aei.org
AEI Print Index No. 20041


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