Sequestration might sap rail funding in 2013, Schatz finds

Money not delivered this year will come later, the senator says

By Marcel Honoré

POSTED: 01:30 a.m. HST, Mar 20, 2013

~~<p>The deep spending cuts coming out of Washington, D.C., known as sequestration could mean a reduction in federal dollars spent this year on Honolulu's elevated rail project, U.S. Sen. Brian Schatz said Tuesday.</p>
<p>But any money lost in 2013 would be made up in subsequent years, and the Federal Transit Administration still plans to honor its full $1.55 billion spending agreement over six years to help complete the $5.26 billion transit project, Schatz added.</p>
~~

The deep spending cuts coming out of Washington, D.C., known as sequestration could mean a reduction in federal dollars spent this year on Honolulu's elevated rail project, U.S. Sen. Brian Schatz said Tuesday.

But any money lost in 2013 would be made up in subsequent years, and the Federal Transit Administration still plans to honor its full $1.55 billion spending agreement over six years to help complete the $5.26 billion transit project, Schatz added. Login for more...