[Congressional Record Volume 148, Number 93 (Thursday, July 11, 2002)]
[House]
[Page H4500]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
[[Page H4500]]
PORKER OF THE WEEK AWARD
(Mr. HEFLEY asked and was given permission to address the House for 1
minute.)
Mr. HEFLEY. Mr. Speaker, since 1971 taxpayers have subsidized Amtrak
to the tune of $25.3 billion, yet they have not received a reliable or
efficient mode of transportation in exchange for 31 years. Amtrak has
not made a profit.
Almost since its inception Amtrak has hemorrhaged money in all
directions, particularly on many of its routes. Of the 40-plus routes
of Amtrak, only two are profitable. Its worst performing route, from
Los Angeles to Orlando, loses $347 per passenger, meaning it would be
cheaper for Amtrak to keep the train on the platform and buy its
passengers airline tickets. Last year, Amtrak ended the year with a
record operating loss of $1.1 billion and a $5.8 billion backlog in
maintenance and repair.
Despite receiving Federal funds totaling $5 billion in the last 5
years, Amtrak has made no progress toward achieving self-sufficiency
and is in a weaker financial condition than in 1997.
It is time to wean Amtrak from the public trough. Amtrak gets my
Porker of the Week Award this week and it ought to get the Porker of
the Week Award for several decades, as a matter of fact.
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