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, ...

View post: Stunning 1962 Austin-Healey Sprite Mk II For Sale After Multi-Year Restoration While it’s still too early to put a final price tag on the program’s overall cost, the program has already ...

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 ...

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 ...

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 ...

Of the many battles waged behind the scenes of the energy bill before Congress, the provision to nearly double ethanol production by 2012 has generated the most heat. Touted by industry proponents as ...

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 ...

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 ...