Rail to Nowhere: Honolulu, Hawaii's Train Boondoggle

In 2011, officials in Honolulu, Hawaii began construction on a controversial 20-mile rail project partly because of almost $1.8 billion in federal subsidies to President Barack Obama's home state. The project's total cost estimate stands at $5.3 billion, but if other similar projects are any indication, the final price tag will increase dramatically before anyone even gets to buy a ticket. What's playing out in the Aloha State is happening all over the country.