WASHINGTON - Warning to Amtrak from Mitt Romney and Republicans: You're on your own.
The platform Republicans adopted at their convention included a call for full privatization and an end to subsidies for the nation's passenger rail operator, which gobbled up almost $1.5 billion in federal funds last year.
"It is long past time for the federal government to get out of the way and allow private ventures to provide passenger service," the platform said, arguing that taxpayers dole out almost $50 for every Amtrak ticket.
Long a political cudgel in the halls of Congress, Amtrak is among a number of transportation functions Republicans say should be turned over to the private sector — including airport security, also on the chopping block in the GOP platform. At its core, the debate juxtaposes differing visions about what role government should play in ensuring public access to services — even if they're losing money hand over fist.
For President Barack Obama, Amtrak symbolizes a communal investment in the American infrastructure that enables and catalyzes economic growth. For Romney, who built a career mending the balance sheets of unprofitable companies, dropping Amtrak fits neatly into his message of doing away with spending that government can't afford.
On Monday, Amtrak announced it had set monthly ridership records in each of the past 11 months, with expectations of a 12th in September.
Even with a record 30 million passengers boarding its trains last year, Amtrak operated at a net loss of more than $450 million. The government pitched in $562 million to keep Amtrak in the black. And that's just on the operations side, where Amtrak says it covers about 85 percent of its own costs through ticket fares and fees. When it comes to capital costs, like keeping train tracks up, the government foots almost the entire bill, costing taxpayers about $650 million in 2011.
Leading the Republican charge that the U.S. can't bear the continued hemorrhaging is Rep. John Mica, R-Fla., who chairs the House Transportation Committee. Mica says he'll hold a hearing a month on Amtrak. A session Tuesday is to focus on Amtrak's "monopoly mentality" on commuter rail.