Time To Privatize Amtrak?

The return of Amtrak service between Maine and Boston is planned amid calls to privatize Amtrak.

1 minute read

October 22, 2001, 10:00 AM PDT

"Congress has ordered that Amtrak either break even in its annual operations by 2003, or face dissolution. The government says Amtrak's cash losses in the first eight months of fiscal 2001 were $21 million more than projected... But a Washington-based group that advocates for limited government says it's time to take steps to privatize Amtrak. The nonprofit Cato Institute, addressing its recommendation to the Amtrak Reform Council, calls for a mandated process of restructuring and liquidation."

Thanks to Chris Steins

FULL STORY: With Maine-Boston service scheduled, some call for Amtrak liquidation

Sunday, October 21, 2001 in The Boston Globe

Transportation Massachusetts

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