Obama proposed $47 billion for high speed rail including $250 million for the Honolulu Rail Transit Project. Hawaii's congressional delegation says that is the largest amount for any rail project in the country. The money would come from the Federal Transit Administration's New Starts program.
Of the five programs awaiting funding the President requested $100 million more for Honolulu than any other project:
- High Capacity Transit Corridor Project (Honolulu, HI): $250M
- Third Street Light Rail (San Francisco, CA): $150M
- Silicon Valley Berryessa Extension Project (San Jose, CA): $150M
- Portland-Milwaukee Light Rail Project (Portland, OR): $100M
- South Sacramento Corridor (Sacramento, CA): $46M
"I am very pleased that the Honolulu Rail Transit Project is the administration's top New Starts funding request for the coming fiscal year." Inouye added, "I have participated in rail transit discussions in Hawaii and Washington for the last forty years and I can say, without reservation, that the support we currently enjoy from the government of the United States is unprecedented. To ignore this support would be a big mistake. I will continue to do everything I can to direct federal funds to the project and marshal support in the Congress. But we must work together, at all levels of government and throughout the community, to ensure that we do not waste our best opportunity to revolutionize the way we move about Oahu," said Senator Inouye.
Click HERE to read President Obama's budget message.