❓WHAT HAPPENED: Senator Joni Ernst (R-IA) has released a report identifying over a dozen federal projects that are significantly over-budget or delayed by years, including the renovation of Jerome Powell’s Federal Reserve.
👤WHO WAS INVOLVED: Sen. Joni Ernst, Secretary of Transportation Sean Duffy, and Vice President J.D. Vance.
📍WHEN & WHERE: Report released Wednesday, covering projects nationwide.
💬KEY QUOTE: “Taxpayers shouldn’t be forced to bail out gravy trains and bridges to nowhere because bureaucrats continue to get bamboozled.” – Joni Ernst
🎯IMPACT: Ernst’s report highlights $162.9 billion in cost overruns, calling for greater accountability in federal spending.
Senator Joni Ernst (R-IA) on Wednesday outlined federal infrastructure projects that have faced significant delays or cost overruns. The report, assembled after a letter from Secretary of Transportation Sean Duffy to Vice President J.D. Vance, identified 14 projects that are either $1 billion over budget or more than five years behind schedule.
“Taxpayers shouldn’t be forced to bail out gravy trains and bridges to nowhere because bureaucrats continue to get bamboozled,” Ernst said regarding her report’s findings. She added, “I will not allow taxpayers to continue to be taken for a billion-dollar ride. It is time to bring these boondoggles to a squealing halt.”
The report highlights $162.9 billion in cost overruns, with California’s high-speed rail project alone accounting for $95 billion. Other projects include the Columbus Crossroads corridor, which is 19 years behind schedule, and the Honolulu Rail Transit Project, which has seen a $4.8 billion overrun with its completion date pushed back to 2031.
In addition to transportation projects, Ernst’s report addresses overruns in defense spending and federal agency programs, such as the Department of Veterans Affairs’ electronic records system, which is nearly $34 billion over budget. Ernst noted that flaws in the system may have caused harm or even death to veterans.
Already, the Republican-led Congress has passed one rescission request made by the Trump White House, clawing back $9 billion in spending. Sen. Ernst’s report will likely serve as the basis for additional rescission requests in the future. President Donald J. Trump has signalled he will soon send a second rescission package to Capitol Hill.
Ernst has proposed a Billion Dollar Boondoggle Act to ensure “that all government projects $1 billion over budget or five years behind schedule will automatically be publicized.”
🧵For years, the Biden admin refused to tell me how many government projects were billions over budget or years behind schedule, like Gavin Newsom’s California Crazy Train.
Thank you, @SecDuffy for helping expose the $162.9 billion in cost overruns in my NEW Boondoggle Report. pic.twitter.com/Lym7nBENjx
— Joni Ernst (@SenJoniErnst) July 30, 2025
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