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	<title>Grand Rapids Pundit &#187; Amtrak</title>
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	<description>Politics &#124; Economics &#124; Society &#124; Grand Rapids, Michigan</description>
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		<title>Time for Amtrak to Die</title>
		<link>http://www.grpundit.com/2005/03/25/time-for-amtrak-to-die/</link>
		<comments>http://www.grpundit.com/2005/03/25/time-for-amtrak-to-die/#comments</comments>
		<pubDate>Fri, 25 Mar 2005 17:41:00 +0000</pubDate>
		<dc:creator>GRPundit</dc:creator>
				<category><![CDATA[Amtrak]]></category>
		<category><![CDATA[Michigan Taxes]]></category>

		<guid isPermaLink="false">http://www.grpundit.com/2005/03/25/time-for-amtrak-to-die/</guid>
		<description><![CDATA[President Bush proposed cutting 100% of the Amtrak subsidy. This is sending the public transit people into a tizzy. Though we all think trains are cool and it&#8217;s fun to ride one, let&#8217;s take a look at the numbers. Michigan subsidizes Amtrak operations to the tune of about $7.1 million per year. The experts estimate [...]]]></description>
			<content:encoded><![CDATA[<p>President Bush proposed cutting 100% of the Amtrak subsidy. This is sending the public transit people into a tizzy. Though we all think trains are cool and it&#8217;s fun to ride one, let&#8217;s take a look at the numbers.</p>
<p>Michigan <a href="http://www.mlive.com/news/kzgazette/index.ssf?/base/news-12/110900461757730.xml">subsidizes</a> Amtrak operations to the tune of about $7.1 million per year. The experts estimate that the state would have to kick in an additional $25-$30 million to make up for the lack of a federal subsidy to keep things going.</p>
<p>Michigan&#8217;s three Amtrak routes <a href="http://www.wzzm13.com/news/news_article.aspx?storyid=36867">carried</a> 600,000 people last year. </p>
<p>Let&#8217;s do some math. A subsidy means that the government is making up for the difference between what Amtrak receives in revenue from tickets and what it actually costs to run the system.</p>
<p>Let&#8217;s combine the two subsidies and conservatively say that the total is about $32 million. 32 million divided by 600,000 passengers means that Amtrak is <i>losing</i> about $53 <i>per passenger</i>.</p>
<p>That&#8217;s right, they&#8217;re losing $53 per passenger. How can anyone justify that?</p>
<p>It&#8217;s a wasteful system that eats up tax dollars that could be better spent&#8230; as a tax refund!</p>
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