Another $800M For Rail? Don’t Count On It, Schatz Says…Hawaii’s senior senator says there’s little appetite in Washington to appropriate more federal funds for Honolulu’s troubled and overbudget rail.
WASHINGTON — The message from the nation’s capital is becoming increasingly clear when it comes to Honolulu’s $12.4 billion rail project, which is now nearly 150% more expensive than originally promised and at least a decade behind schedule.
Don’t come begging for a bailout.
The $1.9 trillion COVID-19 relief package signed into law last month by President Joe Biden included $70 million to help make up for lost tax revenue for the project due to the pandemic.
