In 2011, officials in Honolulu, Hawaii began construction on a
controversial 20-mile rail project partly because of almost $1.8
billion in federal subsidies to President Barack Obama's home
state. The project's total cost estimate stands at $5.3 billion,
but if other similar projects are any indication, the final price
tag will increase dramatically before anyone even gets to buy a
ticket. What's playing out in the Aloha State is happening all over
the country.
“This rail project is our bridge to nowhere”, says University of Hawaii law professor Randall Roth. “We are convinced that it will be billions of dollars over budget and we think they will try to get the federal government to bail them out.”
http://reason.com/reasontv/2013/08/01/hawaiis-rail-boondoggle
“This rail project is our bridge to nowhere”, says University of Hawaii law professor Randall Roth. “We are convinced that it will be billions of dollars over budget and we think they will try to get the federal government to bail them out.”
http://reason.com/reasontv/2013/08/01/hawaiis-rail-boondoggle
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