Most of the readouts on Anderson’s tenure will repeat the falsehood that Amtrak is covering almost all of its operatings costs and will be profitable in 2020. To accomplish this chicanery Amtrak counts government subsidies from states as ‘passenger revenue’ and excludes depreciation expenses (20% of total expenses).
In fact Amtrak’s 2019 losses are about 35 times greater than reported. In other words they inflate Amtrak’s revenue and ignore costs in a creative accounting scheme to make Amtrak look like a financially responsible operation.