Tom Casperson will run for U.S. Congress, representing Michigan’s 1st Congressional District. Casperson will officially make his announcement that he will be running for congress – Monday, November 9th in both Escanaba and Traverse City.
Sen. Casperson’s first stop will be at 8:45 am at Roland Machinery Company – 2600 S. Lincoln Road, in Escanaba. Then he will be at Northwestern Michigan College’s Parsons Stulen Building – 2600 Aero-Park Drive – Traverse City at 3:00pm.
The Amtrak Office of Inspector General revealed on March 13 that the passenger railroad’s net operating loss for last year was $214 million. But this is what passes for “good news” on the taxpayer choo-choo train, which handed out $11.2 million in incentive awards because employees kept 2014’s gusher of government red ink to no worse than negative $305 million. For most of the last decade, Amtrak has reported losses between $350 million and $450 million per year.
The official losses undercount the true level of taxpayer abuse. The Congress has been regularly appropriating more than a billion bucks in annual subsidies, such as the $1.4 billion the trains will receive this year. Imagine the Detroit automakers asking for and receiving taxpayer bailouts every single year, for decades.