Stop the billion-dollar boondoggles: Washington spends, you get the bill
Washington has a spending problem, and the American people are stuck with the bill.
TL;DR
- Federal agencies have accumulated nearly $2.7 trillion in improper payments since 2003.
- The national debt has surpassed $40 trillion.
- California's high-speed rail project, initially estimated at $33 billion, has seen costs increase by nearly $231 billion without a single track laid.
- A six-mile extension to the San Francisco subway has ballooned to nearly $13 billion.
- The Honolulu rail project's estimated cost has risen to roughly $10.1 billion.
- The bipartisan Billion Dollar Boondoggle Act mandates public disclosure for federal projects that go over $1 billion in budget or five years behind schedule.
- The bill aims to increase transparency and accountability for government spending failures.
- The legislation has passed both the House and Senate and is headed to President Trump's desk.