Reason Foundation

Reason Foundation

Party Pooper

Ted Balaker
February 16, 2005, 10:33am

I just mentioned some of the partying down that went on at a rail groundbreaking event in Seattle. Now there's this. The Seattle monorail will cost more than expected, and local officials have reportedly know this for months. They're now trying to figure out how to pare down the project: Even before this latest development money was tight because, no surprise, tax revenue fell short of projections. Note the similarities with Miami's rail experience.

Ted Balaker is Producer

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