Remember, we don’t have a spending problem:
The Department of Transportation (DOT) announced that $1.55 billion in new federal tax dollars will be allocated for the first-ever Hawaiian Transit Rail system on the island of Oahu, which will serve downtown Honolulu, at a total federal and state cost of $5.1 billion.
The train circuit will be 20 miles long, with 21 stops on an island that is 30 miles wide.
The transit system will span from the lesser populated island area of Kapolei, and will end at Ala Moana Center Station, approximately 1-3 miles from the University of Hawaii and Punahou School, the high school once attended by President Obama.
The most recent DOT announcement brings the total amount of federal funds going to the Rail project to just under $1.8 billion. Funding will not been given in a single appropriation, but will instead be doled out in increments over the coming fiscal years.