Government Waste

Why the Price of the F-35 Keeps Soaring

By Ciro Scotti

The most costly fighter ever built is getting even more expensive. A new General Accounting Office report says the Pentagon will spend an additional $3.9 billion over the next five years on “...
What a Waste—Senate Health Care Debate Squanders Time and Millions for Nothing

By Rob Garver and Eric Pianin

For Republican leaders in the Senate, watching their first two attempts to pass a health care bill this week fail badly in floor votes must have been extra painful as they plainly knew in advance...
The Pentagon Skips Out on a $10 Billion Debt

By Eric Pianin

By law, the free-spending Defense Department is required to implement a plan to achieve at least $10 billion in administrative cost savings within the next two years. But the Government...
Can Congress Finally Stop Wasting $100 Billion a Year in Erroneous Payments?

By Eric Pianin

In response to repeated prodding by the General Accounting Office and other government watchdogs, the House Budget Committee is calling for creation of a special commission to crack down on...
Homeland Security Did Not Report $3.5 Million Spent on Conferences

By Eric Pianin

The behemoth Department of Homeland Security violated federal rules when they neglected to report nearly two dozen conferences sponsored by the agency in 2014 and 2015 at an overall cost of more than...

The Latest FBI Mess: The $2 Billion Project to Build Its New Headquarters

By Eric Pianin

The FBI’s once imposing fortress-like headquarters in downtown Washington is in shambles today, with netting hanging from the façade to prevent broken concrete from hitting passing tourists. Inside,...
The Navy’s Argument for Building Another $500 Million Combat Ship Doesn’t Hold Water

By Ciro Scotti

Under pressure from the White House, the Navy agreed to add a second Littoral Combat Ship to its 2018 budget despite grave concerns about the capabilities of the vessel. The stated reason was to save...
How a No-Show Worker Scammed the VA Out of $100,000

By Eric Pianin

A former research investigator at a VA health facility in Oklahoma City scammed the government out of more than $100,000 by claiming thousands of hours of work while he was drawing a salary at a...
Ouch! Mylan May Have Overcharged the US More Than $1 Billion for EpiPens

By Rob Garver

The federal government appears to have shelled out more than $1.27 billion in overpayments to the drug company Mylan, which holds the patent on the widely-used EpiPen, an auto-injector for...
How Bad Is Drug Theft at VA Hospitals? Feds Pursue Dozens of New Cases

By Eric Pianin

In the last few months, the VA inspector general’s office opened 36 criminal investigations into alleged drug theft by employees at veterans hospitals, bringing the number of open criminal...

Out of the Ashes of Budget Politics – A Compromise?

By Eric Pianin

Budget negotiators spent Monday afternoon talking past each other in the first round of a conference committee charged with melding the House and Senate-passed GOP balanced budget plans into one...
U.S. Defense Industry Outperforms S&P by 100 Percent

By Rob Garver

Compared to a broad index of the defense industry, the S&P 500 looks like a bad investment. Since April of 2013, the Dow Jones U.S. Aerospace and Defense Total Stock Market Index has grown at...
How the Government ‘Lost’ About $4 Billion in IT

By Brianna Ehley, The Fiscal Times

Two years ago, the Obama administration pronounced its federal spending tracking system a success, saying it helped save agencies some $5.8 billion in IT-related spending. The system, known as...
Are American Patents Being Rubberstamped?

By Brianna Ehley, The Fiscal Times

A federal watchdog is questioning whether patent examiners at the U.S. Patent and Trademark Office are actually issuing quality patents or if they’re just approving ideas without any real oversight...
Watch Porn at Work, Get Paid by Uncle Sam

By Brianna Ehley, The Fiscal Times

A bill to ban federal employees from watching porn at work (yes, seriously) is gaining traction on Capitol Hill – just as another government employee is accused of downloading lewd images onto his...

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