Taxpayers on hook for $163 billion worth of project overruns, including controversial Fed renovations, Senate report shows

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Taxpayers on hook for $163 billion worth of project overruns, including controversial Fed renovations, Senate report shows

July 30, 2025
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Taxpayers are stuck with a $162.9 billion tab for cost overruns in over a dozen infrastructure projects, controversial renovations at the Federal Reserve, Air Force One upgrades, and other “boondoggles,” a new report suggested.

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Taxpayers on hook for $163 billion worth of project overruns, including controversial Fed renovations, Senate report shows

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