|New price $500,000,200|
Honolulu rail transit is going to be a disaster. It is no surprise that the cost overrun is already estimated at $500 million.
Still worse, Honolulu is thinking of plundering TheBus to cover TheRail. Honolulu once had a good bus service. No longer. And raiding the modernization fund will just destroy what’s left of it.
Extending the excise tax surcharge to forever for Oahu is also under consideration.
Expect someone in the Legislature to propose extending it to the Neighbor Islands.
Note to Joe Souki: Do not allow it.