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Budget Boondoggle Award The Train to Nowhere
June 15, 2011
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Prompted by an influx of Federal “stimulus” funds, the State of California has committed to match Washington’s cash and spend $5.5 billion for an initial high-speed rail segment joining two towns in the sparsely populated Central Valley region – despite major uncertainties about the line’s viability...
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Budget Boondoggle Award
September 22, 2010
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With the end of the failed “recovery summer” – and the President proposing yet another $50-billion “stimulus” – it is worth reviewing one administration economic program touted as a “success.” But even the celebrated “Cash for Clunkers” has been an expensive and bumpy ride for many American consumer...
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