EPA: “This is a Stick Up!” and Amtrak is a Zombie Rip-Off

by William Warren: EPA robbing Oil & Gas Companies of their profits and jobs via regulations.

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Don’t Subsidize Amtrak, Just Let the Free Market Work!

U.S. taxpayers are forced to fork over more than a billion and a half dollars a year to subsidize Amtrak which would not exist under its current model otherwise. Propping up this zombie business is ludicrous, especially in a time of fiscal dire straits.

By Adam Bitely: As the new Republican Congress debates where it will cut back spending, Amtrak is one place they could start with. If there is any example of ludicrous, wasteful government spending, Amtrak is definitely the place to look at.

To begin with, Amtrak receives most of its operational funding from the taxpayers. Cutting the subsidy and government grants to Amtrak would save over a billion dollars a year. Of course, ending a subsidy is more simply said than done.

Amtrak operates on a grotesquely large government subsidy. How much money does the Congress give to Amtrak from the taxpayers? $1.563 billion a year — a considerable sum. And when you consider that Amtrak had $2.4 billion in revenues in 2009, it is clear that Amtrak relies solely on these subsidies and grants to operate under its current design. . . . [Full Story]

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