Overview

• Sen. Joni Ernst’s Senate report identified 13 federal infrastructure programs that are collectively $163 billion over initial budgets and years behind schedule.
• The administration has moved to reclaim billions in unspent funds, beginning with the $4 billion withdrawal from California’s high-speed rail project.
• Congressional leaders are advancing new transparency requirements and proposals to bar contractor bonuses on projects that exceed cost or timeline thresholds.
• The Department of Veterans Affairs’ electronic health record rollout has surged from $16.1 billion to $49.8 billion and Honolulu’s rail line is now 11 years late and $4.8 billion over budget.
• Other overruns flagged include the Silicon Valley Subway Extension rising to $12.8 billion and the Federal Reserve’s renovation costs jumping from $1.9 billion to $2.5 billion.