Friday, August 3, 2012

Amtrak Lost $800 Million In Cheeseburgers And Sodas

Taxpayers lost $833 million over the last decade on the food and beverages supplied by Amtrak, which managed to spend $1.70 for every dollar that received in revenue.
“Over the last ten years, these losses have amounted to a staggering $833.8 million,” said Rep.John Mica, R-Fla., in a statement previewing a House hearing today. “It costs passengers $9.50 to buy a cheeseburger on Amtrak, but the cost to taxpayers is $16.15. Riders pay $2.00 for a Pepsi, but each of these sodas costs the U.S. Treasury $3.40.”
Amazon.com is currently selling 24-packs of 12 ounce Pepsi cans for $8.94 — which averages to about 75 cents per can.
http://iowntheworld.com/blog/?p=143802

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