Running Off the Amtrak

Once again Amtrak might lose its federal subsidy. The Boston Globe reports on the Bush administration's hope that a visit to bankruptcy court could end up reorganizing Amtrak's assets in more valuable ways–more valuable than continuing its $25 billion drain on the federal purse since 1970.

See former Reason magazine editor and current Reason Public Policy Institute transportation analyst Robert Poole Jr. musing on why we should just let Amtrak derail here.