The New Stadium Scam Is a Server Farm
Local governments love giving sweetheart deals to billion-dollar companies—now data centers instead of football stadiums.
Local governments love giving sweetheart deals to billion-dollar companies—now data centers instead of football stadiums.
The whole project was supposed to cost $33 billion when it was initially proposed.
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In exchange for $1 billion, the state expected 5,000 jobs and 1,000 installations a week. Instead, it reported 1,700 jobs, most of them Tesla data analysts, and 21 installations per week.
How not to distribute federal funds
Handouts for tourist-trap museums will be part of the federal funding battleground in the next two years.
The Federal Transit Administration says St. Louis officials either need to get its Loop Trolley back up and running or return $37 million in federal funds.
A U.S. agency spent 13 years documenting our government's failure to stabilize or rebuild the country.
A grant revoked under President Donald Trump will be returned.
A struggling, costly boondoggle sees a much friendlier administration taking charge.
The Taiwan-based tech company promised to open "innovation centers" in several cities around the state. But now those are on hold, too.
It didn't, and now the Loop Trolley needs a $700,000 bailout to stay afloat.
Why do elected officials keep pushing the same damn lies about the economic impact of publicly funded sports events?
Rather than sell its money-losing golf courses, city officials recommend trying to sell more Portlanders on the joys of golf.
The Trump Administration has cut off funding for the budget-busting boondoggle.
State leaders cannot seem to let a bad project die.
Is this the world's sloppiest light rail project?
Without a realistic avenue to complete the project, why would they keep helping pay?
A corrupt boondoggle that broke the bank for subsidized middle-class trips would not have been the flagship for a greener America.
Celebrate, don't mourn, the end of what's always been a bad plan.
And even if fans could use it, $23 million is an insane amount of money to spend for a pedestrian bridge.
The Hong Kong government has floated the idea of building four artificial islands which could house one million people.
Sydney's light rail extension is a year behind schedule and almost $500 million over budget.
Gavin Newsom wants to build only the top half.
What could possibly go wrong?
A ballot initiative planned for 2020 would let voters kill the overbudgeted, underfunded, behind-schedule monstrosity.
Sydney's new light rail line is over budget, overdue, and the target of multiple lawsuits.
A new report finds high costs, and low speeds on Europe's high-speed rail lines.
Local business owners say a new light rail line will kill their livelihood.
The state quietly ordered a bridge under construction to be rebuilt due to "signs of distress."
Project managers say resealing and replacing the panels will not delay the project further.
The Miami Intermodal Center opened five years ago, but is still unable to service Amtrak trains.
The president wants his border wall funding.
Another transit project's costs go off the rails.
City officials have suggested replacing current vehicles might be necessary.
The money pit is turning into a black hole, as critics predicted.
The first leg is already seeing massive cost overruns. Imagine its future.
The cost overruns do not reflect well on the agency's ability to complete a $54 billion project on time and on budget.
When even the experts in boondoggles are worried…
The state spent $365 million and over a decade to build five miles of rural highway.
High temperatures disrupt service, exposing problems with the system's design.
He won't have his massive spending plans outdone by Hillary Clinton.
He sounds like Calif. Gov. Jerry Brown.
Report details yet another example of money pit our involvement there has become.
The bullet train mess is unspooling pretty much exactly how critics predicted.
These projects aren't fiscally responsible, but the FCC has given them a thumbs up.
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