The cost of such projects, particularly the CVC, is incredible, as is the ineptitude of Federal construction contracts. New apartment and office buildings are going up all over D.C. and most are finished in a matter of months. Yet it has taken the Federal Government seven years and counting to build the CVC. It also is more than $350 million over budget. No private company could afford such an outrageous expense. Because politicians and bureaucrats are able to allocate other people's money with few restrictions or a sense of accountability, keeping costs to a minimum and ensuring that projects finish on time is not a priority.
American taxpayers should be aware of the CVC and what it has cost them. Unfortunately, too few outside of Washington, D.C. have noticed. Consequently, the demand for a better funding system and some accountability has been kept to a minimum. The problem is, if one or two projects cost so much, how much more can we expect Congress to waste on future projects?
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