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[quote user="daveklepper"] ACELA:   The bottom line is that the Acela service reduces the overall subsidy needed for the NEC and so in a sence is "profitable" even if all services are subsidized if capital costs are included. [/quote] Without the ability to look at Amtrak's books in depth, as well as the other railroads with a stake in the NEC, there is no way to verify the assertion that the Acela service reduces the overall subsidy needed for the NEC.   It is unlikely that Amtrak would have made the large capital investments in the NEC had it not been for the Acela.  However, at the end of the day, no one can know for sure, because no one ran a parallel universe to determine the costs of the alternatives.  One thing is certain, however.  The NEC does not cover its capital costs out of the fare box.
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