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'''Amtrak''' is "the blending of the words '[[United States of America|American]]' and '[[Railway track|track]]'". Amtrak is "also known as the National Railroad Passenger Corporation".  "Amtrak was created by Congress in 1970 to take over the passenger rail services previously required to be operated by private freight railroad companies in the United States. "<ref>[http://www.amtrak.com/servlet/ContentServer?pagename=Amtrak/am2Copy/Title_Image_Copy_Page&c=am2Copy&cid=1081442674300&ssid=542 Amtrak National Facts]</ref>
 
'''Amtrak''' is "the blending of the words '[[United States of America|American]]' and '[[Railway track|track]]'". Amtrak is "also known as the National Railroad Passenger Corporation".  "Amtrak was created by Congress in 1970 to take over the passenger rail services previously required to be operated by private freight railroad companies in the United States. "<ref>[http://www.amtrak.com/servlet/ContentServer?pagename=Amtrak/am2Copy/Title_Image_Copy_Page&c=am2Copy&cid=1081442674300&ssid=542 Amtrak National Facts]</ref>
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==Losses==
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==Finances==
 
Amtrak was originally intended to be a financially self-supporting organization, but has never been profitable in its 39-year history, and instead has consumed billions of dollars of American taxpayers money supporting intercity [[Railroad|rail services]] that are little used and unreliable. The Pew Charitable Trusts determined that 41 out of 44 Amtrak routes lost money in 2008.  The largest loss per passenger was $462 per passenger on the Sunset Limited, which runs from [[New Orleans]] to [[Los Angeles]].  The average loss was $32 per passenger trip.<ref>[http://www.subsidyscope.com/projects/transportation/amtrak/ Analysis Shows Amtrak Lost $32 Per Passenger in 2008]</ref>
 
Amtrak was originally intended to be a financially self-supporting organization, but has never been profitable in its 39-year history, and instead has consumed billions of dollars of American taxpayers money supporting intercity [[Railroad|rail services]] that are little used and unreliable. The Pew Charitable Trusts determined that 41 out of 44 Amtrak routes lost money in 2008.  The largest loss per passenger was $462 per passenger on the Sunset Limited, which runs from [[New Orleans]] to [[Los Angeles]].  The average loss was $32 per passenger trip.<ref>[http://www.subsidyscope.com/projects/transportation/amtrak/ Analysis Shows Amtrak Lost $32 Per Passenger in 2008]</ref>
  
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