Congress pushes a fighter jet engine the military says it doesn't want or need. May 21, 2010 — -- President Obama says Congress has sunk billions into a military jet engine that the Defense ...

Congress may spend billions more on a jet engine the Pentagon doesn't want. Jan. 21, 2011 — -- Despite vocal cries for austerity and belt-tightening on Capitol Hill, Congress and the White House, ...

Forbes contributors publish independent expert analyses and insights. I write about global business and investing in emerging markets. And over the last couple of years, GameFi has become the newest ...

Senator Ashley Moody co-sponsored the Billion Dollar Boondoggle Act to highlight over-budget federal projects, promoting ...

It’s billions of dollars over budget and seven years behind schedule, and appears to have no plausible way of living up to its goal of getting riders across the state in three hours or less. Welcome ...

Shocker alert: California’s effort to build a high-speed rail line between Los Angeles and San Francisco has been a monument to massive cost overruns and delays. And the situation continues to ...

The $14.7 million for a new airport on an Alaskan island that averages only 42 flights a month. The half-million dollars for a new skateboard park in unemployment-ravaged Rhode Island. The $3.4 ...

The only good thing to be said about President Joe Biden‘s boondoggle of a 2025 budget proposal is that so long as House Republicans do not continue to immolate their own razor-thin majority, it will ...

Prompted by an email from Miriam Gross of Brighton, I look up “boondoggle.” Webster confirms that the word was coined by Robert H. Link. I hadn’t known that until Miriam wrote. She had been alerted to ...

A year ago, President Obama peered into our economic future and saw foam sealant and weatherstripping. Amid a punishing recession, Obama would wield that incomparable jobs-creating tool, the caulk gun ...

An ambitious plan to build a 1,600-mile railroad linking the Alaska and Canadian rail systems is on hold, and appears to be in jeopardy. A year ago, former Alaska Lt. Gov. Mead Treadwell and other ...

Tax handouts to particular businesses is a popular economic development strategy among politicians. The optics are great—ribbon cuttings, ground breakings—and the tax breaks allow government officials ...