Catherine Graham believes “that the rail project is the economic driver for Hawaii for the next 20 years at least.”   She does not understand that rail is now estimated to cost about three times more than the $3.7 billion estimated in 2008, almost twice as much as the $5.2 billion estimated when the Final Funding Grant Agreement was signed with the FTA in 2012, and that no one really knows how much more it will increase from the current estimate of about $10 billion.  The rail project is sucking the financial blood out of Oahu taxpayers and will continue to do so indefinitely if it is not stopped now.  If the rail project drives anything anywhere, it will be the City of Honolulu into bankruptcy court.  I wonder what Catherine Graham will say or do when she hears the Mayor shout “All aboard.”

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