How Deep Will Rail Debt Be?

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That’s the question we explore in our story this morning.

Ben Cayetano wrote in an op-ed last week that it would be $5 billion to $7 billion, and explains that money to pay for the whole cost of construction has to come from somewhere.

HART leadership points to the financial plan, which calls for a maximum of about $1 billion in debt at the most and says that whole amount will be paid back by 2023.

Read the full story for the details: Just How Deep Will Honolulu Rail’s Debt Be?

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